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CGFM Certification

CGFM Examinations Update: Job Analysis Study

In the winter of 2007, as part of the update of the CGFM Examinations, AGA undertook a full-scale Job Analysis Study of the role of the Certified Government Financial Manager and created a survey of the knowledge elements required of government financial managers. A Job Analysis study is the foundation of a standards-based certification program. The results of the job analysis study establish the link between what Government Financial Managers do on-the-job and successful performance on the examinations as valid and reliable measures of competency.

The first phase of the job analysis process includes conducting an exhaustive review of the role of the occupational professional. A comprehensive approach is used to develop an exhaustive list of tasks or behaviors to be included in a survey. The job analysis survey outline was developed using the current content outlines of the three CGFM Examinations and a comprehensive literature search. The survey outline was finalized in February of 2007 by a Job Analysis Advisory Committee made up of representatives from the AGA Professional Certification Board as well as other subject matter experts representing the diversity of practice among CGFMs across the country.

Invitations to participate in the survey were sent via email to all active CGFMs who had provided AGA with email contact information. A total of 1,032 surveys were successfully completed, resulting in a response rate of 20%, which is typical of an unsolicited survey. Statistical analysis of the responses indicated a standard error approximation of .03. The inferences from the survey are therefore associated with minimal error, providing adequate confidence in the survey results.

Over 99% of the respondents indicated that the survey elements either completely or adequately described the critical knowledge, skills and abilities required of competent entry-level government financial managers. This supports a high degree of confidence that the survey depth was reflective of practice across the geographic settings, and among various practice work settings. Reliability estimate calculations for both the instrument and the respondent group were also high, indicating that that if the same survey was offered again, but a different collection of CGFMs responded, the results would likely be very similar. These results further substantiate the survey results.

Another Job Analysis Advisory Committee meeting was held in August of 2007 to consider and review the results of the survey analysis. The primary goal of this meeting was to establish task exclusion criteria to differentiate between the critical and non-critical tasks. Of the original 217 tasks, 5 tasks were eliminated from the outline based upon criticality exclusion criteria or because they were duplicated in another area; 7 were restated in 2 new tasks within the same sub-content area, supporting the clarity and readability of the outline; and 4 tasks were added to the outline, identified by respondent and SME review. The final approved content outline contains 211 tasks.

After discussion and adoption of the continued use of the three examination model, the Job Analysis Advisory Committee reviewed the resulting listing of 211 tasks, and evaluated each for distribution across the three examinations. Examination I was identified as including 68 tasks, Examination II included 65 tasks, and 78 tasks were identified for inclusion on Examination III. The committee recommended that each of the three examinations would contain 100 scored items, and 15 non-scored pretest (beta test) items.

View the final exam content outline.

AGA expresses its deep gratitude to the subject matter experts on the Job Analysis Committee for their work on updating the CGFM Examinations content outlines:

Ms. Virginia S. Brizendine, CGFM, CPA
Mr. Richard O. Bunce, Jr., CGFM, CPA
Ms. Vandee V. DeVore, CGFM
Dr. Larita J. Killian, CGFM
Mrs. Mary E. Lechner, CGFM, CPA
Ms. Carol Lynn McFarland, CGFM, CPA
Ms. Georgie Ortiz, CGFM, CPA
Ms. Wendy M. Payne, CGFM, CPA
Mrs. Virginia B. Robinson, CGFM, CPA, DABFA
Mr. Pete Rose, CGFM
Mr. Jeffrey C. Steinhoff, CGFM, CPA
Mr. William L. Taylor, CGFM, CPA
Ms. Sherri Voigt, CGFM
Mr. John D. Webster, CGFM

 


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