What does CDFM mean in CERTIFICATIONS & DIPLOMAS
CDFM stands for Certified Defense Financial Manager, which is a certification granted to individuals who have achieved a certain level of knowledge and expertise in the finance and accounting aspects of defense operations. The CDFM designation is given by the Association of Government Accountants (AGA) upon successful completion of its certification program. The CDFM is widely regarded as one of the most prestigious certifications in the public sector due to its comprehensive coverage across all aspects of defense financial management.
CDFM meaning in Certifications & Diplomas in Business
CDFM mostly used in an acronym Certifications & Diplomas in Category Business that means Certified Defense Financial Manager
Shorthand: CDFM,
Full Form: Certified Defense Financial Manager
For more information of "Certified Defense Financial Manager", see the section below.
Essential Questions and Answers on Certified Defense Financial Manager in "BUSINESS»CERTIFICATES"
What is a Certified Defense Financial Manager?
A Certified Defense Financial Manager (CDFM) is a professional certification program managed by the Association of Government Accountants which establishes competency in financial management and accountability within the Department of Defense. This certification focuses on areas such as budgeting, cost/price analysis, accounting, auditing and program evaluation.
Who should consider earning the CDFM credential?
The CDFM credential is typically sought after by government or military financial managers looking to demonstrate their understanding of DoD protocols and processes.
How do I earn my CDFM credential?
To earn your CDFM credential, you must successfully complete five separate exams that cover topics such as defense finance operations and procedures, financial management principles and obligations, and federal legal environment.
What are the requirements to sit for the CDFM exam?
In order to sit for the CDFM exam, an applicant must either hold a Bachelor’s degree from an accredited institution combined with at least three years of experience in a DoD related field or possess 10 years of relevant work experience.
Is there any type of continuing education requirement for maintaining my CDFM certification?
Yes. All CDFMs must maintain their credentials through 50 hours of continuing professional education every two years. This education should focus on topics related to financial management within the Department of Defense.
Are there any study materials available for review prior to taking the exam?
Yes. The Association of Government Accountants offers a variety of resources including practice exams, online training courses, webinars, textbooks and more to help candidates prepare for their upcoming exams.
How long does it take to receive results after taking the exam? A: After completing all five exams, your score report will be available after 15 business days have passed. If you pass all five exams within one year you will receive your certificate shortly thereafter.[END] Q: Where can I find information about jobs posted for holders of this certification? A: You can search for job postings requiring a CDFM certifications on various job boards such as USAJobs.gov or LinkedIn jobs. Additionally, you may follow AGAs career center social media accounts on Twitter and Linkedin for up-to-date positions.[END] Q: Can I use my current work experience towards meeting some exam requirements?
After completing all five exams, your score report will be available after 15 business days have passed. If you pass all five exams within one year you will receive your certificate shortly thereafter.
Final Words:
CDFM provides industry professionals an opportunity to demonstrate their expertise in financial management within the Department of Defense (DoD). By obtaining a CDFM certification, individuals gain recognition as knowledgeable experts who are capable of leading financial teams tasked with supporting DoD’s mission goals through sound analysis; budgetary planning; oversight; efficient management; and accurate reporting capabilities that align with DoD policies and regulations.