CGFM Monthly News

 

CGFM Exam Study Guides now available.

 

If earning your CGFM certification is one of your career goals, the AGA Chattanooga Chapter has made it more convenient that ever.

 

The AGA Chattanooga Chapter has available the three study guides for anyone who is interested in studying for the CGFM examination. You can borrow them on the following terms:

 

A. One study guide per member per (30) thirty days. At the end of the thirty days, the member can ask for a time extension for another thirty days. However, if I have received a request from another member, the study guide must be returned. 

 

Remember, there are three different guides:

 

1. Governmental Environment.

2. Governmental Accounting, Financial Reporting and Budgeting.

3. Governmental Financial Management and Control.

 

B. The study guides should be returned in good condition.

 

I have them available right now. Please let me know if you are interested in borrowing them.

 

 

Juliana Paucar

Phone: (423) 648-1438

Fax: (423) 648-1244

email: paucarjp@epb.net

 

CGFM CPE requirements

Have you renewed your CGFM and/or AGA membership this year? The annual invoices went out in February and are due by March 31, 2005. If you have not submitted your payment, please be sure to mail a check, fax your credit card information or pay online (www.agacgfm.org) as soon as possible.

If you are a CGFM holder, paying the renewal fee is not the only requirement of keeping your designation active. In fact, you cannot renew the CGFM unless you are complaint with the CGFM Continuing Professional Education (CPE) requirement of earning at least 80 CPE hours in your last two-year CPE cycle, with at least 20 hours in each year.

Your two-year CGFM CPE cycle depends on the year your CGFM was awarded: if you have earned your CGFM in 1996, 1998, 2000 or 2002, your last two-year CPE cycle just ended on December 31, 2004. If you do not have 80 CPEs in 2003-2004, you can catch up during the grace period of January 1-March 31, 2005. Any hours completed towards a deficiency in one CPE cycle may not be counted towards the next cycle.

If you have earned your CGFM in 1994, 1995, 1997, 1999, 2001 or 2003, your current CPE cycle is 2004-2005 and you should have earned a minimum of 20 CPE hours in 2004 and will need to complete 80 CPE hours by the end of this year.

Individuals who have not met the CPE requirement need to contact AGA's CGFM office at 1.800.AGA.7211 ext. 313.

Not all CPEs can count towards the CGFM designation. The hours earned must be in government financial management topics or related technical subjects applicable to government financial management areas. CPEs must contribute to the CGFM's professional proficiency in government financial management, and you need to maintain documentation of the CPE completed (for at least three years). This documentation may be requested by AGA if you are selected to be audited; however, CGFM holders should not automatically send information on their CPE hours to AGA at the time of renewal.

For more information on CGFM CPE requirements, please visit AGA website at http://www.agacgfm.org/cgfm/maintain/cpe_requirements.aspx.

CGFM Member News

Louis Wright, CPA,CGFM was awarded the TSCPA 2004 Outstanding CPA in Government Award at the TSCPA’s 74th Annual Convention and Conference.  The award recognizes the exceptional achievements of individuals employed in government.  Louis has represented government accountants well, and for that we congratulate him!

 

Rebecca Hunter, CPA, CGFM became Hamilton County’s Director of Human Resources on July 1, 2004.  She recently earned certification as a Senior Professional in Human Resources (SPHR).  We all can appreciate the time and hard work it takes to earn certifications.  We applaud Rebecca in her success!

 

Deborah J. Davis, CPA, CGFM has served AGA in many capacities.  Currently serving as the Regional Education Coordinator and Immediate Past RVP, Deborah will begin a new term on July 1, 2005 as RVP-Elect.  What an asset Deborah is to this organization, both locally and nationally.  Thanks for your dedication and commitment!