Certification

New Content and Specifications of CPFO Exams

The CPFO program consists of seven exams designed to verify knowledge in the major disciplines of government finance.

The Accounting, Debt, Planning & Budgeting, and Treasury exams are each composed of 100 multiple-choice items. The Compensation, Procurement, and Risk Assessment exams are 75 items each. A multiple-choice item consists of a stem, which poses a problem, and four possible answers. Only one answer is correct or best. For the CPFO certification exams, each item has four possible choices and is worth one point.

Examinees must answer a minimum of 80% of items correctly to receive a passing score.

Click here to view the CPFO exam framework. See the pages linked below for more details for each exam topic area.

Specifications for Current Exams

Accounting and Financial Reporting

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Compensation and Benefits

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Debt Management

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Planning and Budgeting

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Treasury and Investment Management

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Procurement

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Risk Assessment

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