AGA's CGFM Online Training Portal

Please Note: this course is utilizing the 2022 edition of the study guide (information on the 2024 edition can be found on www.agacgfm.org/CGFM/prepare). This bundle consists of SEVEN online mini courses that cover the seven sections of study guide 1, Governmental Environment (120-day online access from the date of bundle purchase). Course 1 description: This course describes the unique aspects of government and how those aspects differ from the private sector and nonprofit organizations. It is designed for accountants, auditors, budget professionals and controllers in government as well as academics and other professionals who have an interest in government. It is particularly appropriate for newly hired professionals. Learning objectives: upon completing this course, you will have an understanding of: how governments are organized and structured; the legally-based implications of government financial environment; the importance of the budget in government; the management cycle, and how the various stages are interrelated; how governments are financed; the role and structure of taxes; the purposes for issuing debt; what it means to be publicly accountable; the importance of ethics in government; electronic services in government.   Read more

Please Note: this course is utilizing the 2022 version of the study guide (information on the 2024 edition can be found on www.agacgfm.org/CGFM/prepare). This bundle consists of THREE online mini courses that cover the three sections of Study Guide 2, Governmental Accounting, Financial Reporting and Budgeting, 2022 edition (120-day online access from the date of bundle purchase). Course 2 description: This course covers the general principles of governmental accounting, financial reporting and budgeting. It also covers the unique aspects of accounting and reporting for the federal government as well as state and local governments. It is designed for accountants, auditors, budget professionals and controllers in government as well as academics and other professionals who have an interest in government. It is particularly appropriate for newly hired professionals. Learning objectives: upon completing this course, you will have an understanding of: the characteristics and differences of the government environment that necessitate the unique accounting and financial reporting; the process of setting accounting and financial reporting standards for government entities; the bases of accounting and measurement focuses used by governments; fiscal accountability; exchange and nonexchange transactions; the uses of cost accounting in government; budgeting in government; accounting and reporting in state and local governments, including: determining the financial reporting entity; fund accounting and reporting; governmentwide accounting and reporting; accounting and reporting for specific transactions. accounting and reporting for the federal government, including: federal budgeting; budgetary accounting; federal financial accounting foundations; the federal financial statements, notes, and supplementary reporting; accounting and reporting for specific transactions. Read more

Please Note: this course is utilizing the 2022 version of the study guide (information on the 2024 edition can be found on www.agacgfm.org/CGFM/prepare). This bundle consists of FIVE online mini courses that cover the five sections of Study Guide 3, Governmental Financial Management and Control (120-day online access from the date of bundle purchase). Course 3 description: This course covers various financial management functions and controls required of government financial managers, including internal control, auditing, performance measurement, financial analysis techniques and specific financial management practices used in government. It is designed for accountants, auditors, budget professionals and controllers in government as well as academics and other professionals who have an interest in government. It is particularly appropriate for newly hired professionals. Learning objectives: upon completing this course, you will have an understanding of: the basics of cash management and investment management; managing credit programs and collecting government debts; procurement in government; inventory and supply management systems; financial management systems; applying various financial and managerial analysis techniques; objectives of internal control, including GAO and COSO objectives; considerations and risks involving internal control; how to apply internal controls; the responsibilities of management and auditors for internal control; components of internal control; evaluating internal controls; objectives and uses of performance measures; elements and characteristics of performance measures; types of government audits and their objectives; standards for auditors and audits; the responsibilities of management and auditors in the audit process; components of the Single Audit Act. Read more