# CGFM Study Guide — Pass All Three AGA Exams

> Study guide for Certified Government Financial Manager (CGFM) exams. (iPhone/iPad app by David Peterson.)

- Source: https://appshunter.io/ios/app/cgfm-study-guide/id6776461234 (this page in markdown: same URL + `.md`)
- Developer: [David Peterson](https://appshunter.io/developer/1808322033)
- Category: Education, Finance
- Price: Free with in-app purchases
- Rating: 5.00/5 from 1 App Store ratings
- Age rating: 4+
- Requires: iOS 17.0 · 1 MB
- Languages: American English
- Released: 2026-06-20
- Data updated: 2026-08-19
- Monetization: freemium
- User reviews in markdown: https://appshunter.io/ios/app/cgfm-study-guide/id6776461234/reviews.md

## What is CGFM Study Guide?

Three CGFM exams. One focused study companion.

CGFM Study Guide organizes everything around AGA's three examinations and their weighted content areas, so you study exactly what each exam tests — nothing more, nothing less.

WHAT'S INSIDE
• 90+ flashcards, tap to flip, tagged by content area
• 45+ multiple-choice practice questions with instant feedback and full explanations
• 80+ glossary terms and key acronyms, fully searchable
• Government financial-management formulas with variables and usage notes

EXAMINATION 1 — GOVERNMENTAL ENVIRONMENT
• Organization, structure, and authority of government; federalism and Dillon's Rule
• Legally based implications: appropriations, the Antideficiency Act, authorization vs. appropriation
• The government management system (budget cycle) and strategic planning
• Governmental financing: taxes, grants, GO vs. revenue bonds, debt capacity
• Public accountability, interperiod equity, ethics, and e-government / information security

EXAMINATION 2 — ACCOUNTING, FINANCIAL REPORTING & BUDGETING
• Standard setters (GASB, FASAB, FASB); cash, accrual, and modified accrual; fund accounting
• Budgeting approaches (line-item, performance, zero-based) and capital budgeting
• State & local reporting: fund types, GASB 34 statements, GASB 54 fund balance, the ACFR
• Federal reporting: SFFAS, proprietary vs. budgetary accounting, apportionment, the federal statements

EXAMINATION 3 — FINANCIAL MANAGEMENT & CONTROL
• Cash and investment management, procurement (IFB vs. RFP), asset management
• Analysis techniques: time value of money, NPV, cost-benefit, breakeven, ratios, data analytics
• Internal control: COSO / GAO Green Book, segregation of duties, the fraud triangle, ERM
• Performance measurement / SEA: inputs, outputs, outcomes, benchmarking
• Auditing: the Yellow Book (GAGAS), the Single Audit Act, audit opinions, material weaknesses

START FREE
Preview every section free. Upgrade to Premium for full access to the entire question bank, glossary, and formula library.

SUBSCRIPTION & TERMS
CGFM Premium is an auto-renewable subscription billed at $2.99 per month (1-month duration). Payment is charged to your Apple Account at confirmation of purchase. The subscription renews automatically unless it is turned off at least 24 hours before the end of the current period, and your account is charged for renewal within 24 hours before the period ends. You can manage or cancel your subscription in your Apple Account settings after purchase.
Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Privacy Policy: https://davidmp481.github.io/study-apps-legal/privacy-policy.html

This app is an independent study aid and is not affiliated with, endorsed by, or sponsored by AGA (the Association of Government Accountants) or its CGFM program.

## Key features

- Content organized by AGA exam
- 90+ flashcards
- 45+ practice questions
- Searchable glossary
- Government financial formulas
- Free preview available

## Pricing and in-app purchases

Base price: Free.

**Subscriptions**

| Subscription | Price | Period |
| --- | --- | --- |
| CGFM Premium (Monthly) | $3.99 | per month |



## Frequently asked questions about CGFM Study Guide

### What is CGFM Study Guide?

CGFM Study Guide is an educational app designed to help users prepare for the three Certified Government Financial Manager (CGFM) examinations. It provides organized study materials including flashcards, practice questions, and a glossary.

### How does CGFM Study Guide organize its content?

The app meticulously organizes all content around AGA's three examinations and their weighted content areas. This ensures users study precisely what each exam tests, making the preparation process efficient.

### What types of study materials are included in CGFM Study Guide?

The app features over 90 flashcards tagged by content area, more than 45 multiple-choice practice questions with instant feedback and explanations, over 80 searchable glossary terms and key acronyms, and government financial-management formulas.

### Can I try CGFM Study Guide before buying?

Yes, you can start for free. The app allows you to preview every section without charge. Full access to the question bank, glossary, and formula library requires an upgrade to Premium.

### What is the cost of CGFM Premium?

CGFM Premium is an auto-renewable subscription billed at $2.99 per month. Payment is charged to your Apple Account at confirmation of purchase.

### How do I cancel my CGFM Premium subscription?

You can manage or cancel your subscription in your Apple Account settings after purchase. The subscription renews automatically unless turned off at least 24 hours before the end of the current period.

### What devices is CGFM Study Guide compatible with?

CGFM Study Guide is available for iPhone and iPad. It is rated for ages 4 and up.

### How often is CGFM Study Guide updated?

The latest version of CGFM Study Guide is 1.1, which was last updated on August 11, 2026. The app was initially released on June 20, 2026.

## Version history (last 2 releases)

### 1.1 — 2026-08-11

• New: one-time $15 lifetime unlock — no subscription required
• New practice modes: True/False and key-term matching
• Expanded content across every exam domain
• Premium remains $2.99/month
• Refreshed App Store page

### 1.0 — 2026-06-20

No release notes.

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-19.*