Finance officers must be able to identify, evaluate, and work to mitigate various financial risks that governments face. The Risk Assessment test for the CPFO program covers skills necessary for risk awareness, assessment, and management. Tests will cover skills and knowledge related to common risks that governments all face related to legal issues, internal controls, technology, property loss, employment issues, and general liability.
Risk Assessment Outline
Enterprise Risk Management
Local Government Law and Compliance
Business Continuity/Disaster Recovery
GFOA recommends that CPFO candidate review the following materials to prepare for the exam.
GFOA Best Practices
Additional Web Resources
As the exam development process progresses for the seven new CPFO exams, some materials may be added to this reading list. Please check back regularly for updates to this document until the new exams are launched in spring 2021.
Last Updated December 14, 2020