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An ancient saying goes: if you want to do things well, first make everything ready for you. So the high efficient and professional GAFRB training materials are a prerequisite of smooth success of the exam. Our actual questions with high accuracy is the best way to pass the test, and we are not satisfied about the success at present, but pursuit more professional knowledge and add them into the GAFRB exam resources for your reference. And strive to keep up with the development over ten years by firm dependence and sincere help of the experts. They often supply the new knowledge into the GAFRB exam preparatory files to make the contents concrete and appropriate. To sure the contents congruent with time and test' requirements, the new versions are also of great importance to real AGA GAFRB exam. You do not need to worry about the new updates you may miss, because we will send the follow-up GAFRB training materials to your mailbox lasting for one year after you placing your order on our website. Please remember to check your Email regularly.

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AGA GAFRB Exam Syllabus Topics:

Topic	Details
Topic 1	Federal Financial Accounting and Reporting: This section of the exam measures skills of government financial analysts and covers the roles of FASAB, OMB, Treasury, and GAO in federal accounting. It includes an understanding of federal budgetary terminology and the federal budgetary equation. The section differentiates between budgetary and proprietary accounting and outlines the structure and use of various federal fund types. It explains how to record key budgetary transactions like appropriations and obligations and proprietary transactions such as payroll and depreciation.
Topic 2	State and Local Financial Accounting and Reporting: This section of the exam measures skills of public sector accountants and focuses on applying GASB standards to define reporting entities and component units. It explores the structure and purpose of various fund types and the basis of accounting for each. Candidates must understand the format and content of the Annual Comprehensive Financial Report and the purpose of popular reports for public transparency.
Topic 3	Governmental Financial Accounting, Reporting and Budgeting: General Knowledge:This section of the exam measures skills of government financial analysts and covers the unique aspects of governmental accounting that distinguish it from private sector practices, such as service over profit and the critical role of the budget. It emphasizes the objectives of financial reporting in the public sector, the role of standard-setting bodies like GASB, FASB, FASAB, and IPSASB, and the due process for setting accounting standards. It also includes knowledge of interperiod equity, budgetary compliance, sustainability, and the characteristics of quality financial information.

Reference: https://www.agacgfm.org/CGFM/Candidates/CGFMProcess/Examination/Exam2.aspx

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