GFOA’s CPFO Scholarship Opportunity

Through the generosity of the Government Finance Officers Association (GFOA) and CSMFO, CSMFO is offering four scholarships for GFOA’s Certified Public Finance Officer (CPFO) certification (valued at $600). 

Apply Here

The CPFO Program for GFOA members is a broad educational program designed to verify knowledge in government finance disciplines. To earn the CPFO designation, candidates must pass a series of seven examinations covering the major public finance disciplines. A candidate has five years in which to complete the program. 

Examination Areas: 

  • Accounting and Financial Reporting 
  • Treasury and Investment Management 
  • Debt Management 
  • Planning and Budgeting 
  • Compensation and Benefits 
  • Procurement 
  • Risk Assessment 

Once earned, the CPFO designation is maintained by paying an annual membership fee and participating in fifteen hours of continuing professional education and three GFOA Engagement Credits each year. More information about the CPFO Program can be found here. 

“As an accountant looking forward to future promotional opportunities, I found the CPFO program helpful to me in building my knowledge in other local government finance disciplines, such as purchasing and risk management, in which I had previously had less exposure. I found the GFOA reading materials easy to read and the exams to align well with the recommended reading material. I recommend the CPFO program to CSMFO/GFOA members looking to broaden their knowledge base and earn a certification valued in our profession.” – Dennis Kauffman, City of Roseville 

To be considered for the scholarship, the applicant must be able to satisfy all of the requirements listed below: 

  1. CSMFO Member 
  2. GFOA Member 
  3. Local Government Experience – minimum of 2 years 
  4. Submit Resume 
  5. Completion of Personal Statement of Interest 

Any ongoing costs of the program are to be borne by the recipient. CSMFO and GFOA are not responsible for continued costs to participate.

Deadline to submit your application is March 17, 2023. 

Award of scholarship is based on one’s ability to meet the requirements. All confirmed applicants will then be entered into a random drawing for final selection. 

For the four recipients of the scholarship, CSMFO would gain value from your experience if you would share your experience with the CPFO program through a co-written article for CSMFO News. 

Apply Here

Should you have any questions on the program, please direct your questions to Dennis Kauffman at dkauffman@roseville.ca.us or Margaret Moggia at margaretm@westsbasin.org. 

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