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CPFO - Certified Public Finance Officer (CPFO) - Dump Information

Vendor Name : Financial
Exam Code : CPFO
Exam Name : Certified Public Finance Officer (CPFO)
Questions and Answers : 203 Q & A
Updated On : May 24, 2018
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Financial CPFO Exam (Certified Public Finance Officer (CPFO)) Detailed Information

Certification Program (CPFO)
The Certified Public Finance Officers Program (Certification Program) of GFOA is a broad educational self-study program designed to verify knowledge in the disciplines of government finance. The Certification Program is governed by the Council on Certification. Technical and administrative support for the program is provided by Radford University's Governmental and Nonprofit Assistance Center.
To earn the designation of Certified Public Finance Officer (CPFO), candidates must pass a series of five examinations covering the major disciplines of public finance. A candidate has seven years in which to successfully complete the program. Once earned, the CPFO designation is maintained by participating in 30 hours of continuing professional education (CPE) each year or 60 hours of CPE credit if the CPFO files over a two year period.
While GFOA certifies that an individual who passes one or more of GFOA’s certification examinations demonstrates certain competencies, GFOA withholds an opinion as to the capabilities of any individual to successfully perform in a given position. GFOA encourages prospective employers and employees to share information regarding the requirements of the position and the capabilities of the candidate in a forthright manner to promote sound employment and professional decisions.
Certification Forms and Guideline
CPFO Brochure
2016 Application for GFOA Certification Examinations - New Candidate
2016 Application for GFOA Certification Examinations - Continuing Candidate
2016 Candidates' Guide to Becoming a Certified Public Finance Officer
Exam Material Order Forms for 2016 CPFO Exams
GFOA Certification Renewal Form for Certified Public Finance Officers
Guidance on Filing CPE Credits
Guide for Obtaining CPE Credit for Certified Public Officers
2016 CPFO Exam Schedule
2016 Host Testing Site Application
CPFO Exam Information
GFOA Reading Materials
View Current List of Active CPFOs
Eligibility Requirements to Participate in the CPFO Program
An applicant must establish eligibility to participate in the Certification Program. Information supplied on an application or as part of documentation provided to establish eligibility is considered confidential and will not be released. The GFOA reserves the right to verify information supplied by or on behalf of an applicant.
A candidate must meet the following two eligibility requirements in order to take the certification exams:
Education: A candidate must have, at a minimum, a baccalaureate degree from an accredited institution. An official transcript reflecting the candidates degree is accepted as fulfilling this criterion. If the transcript is in a language other than English, a certified translation into English is required. An official transcript must be submitted with any application. A candidate-produced photocopy is not acceptable.
Ethics: A candidate must accept and observe the GFOA Code of Professional Ethics. A candidates signature following the statement on the application fulfills this requirement.
Once all five examinations have been successfully completed, a candidate must meet the following 3 additional requirements to be designed a CPFO. (primary employment is defined as a W-2 employee of a government working an average of at least 32 hours a week)
Current Employment: A candidate must (i) have as primary employment a position with a government, or (ii) be last primarily employed in government and currently unemployed and actively seeking employment in government. A candidates signature following the statement on the application fulfills this requirement.
Employment History: A candidate must have had at least three (3) years of primary government employment during the previous ten (10) years to be awarded the designation of Certified Public Finance Office (CPFO). A history of employment reflecting the prescribed government experience submitted on an "employment history" form provided by the GFOA fulfills this requirement.
GFOA Membership: A candidate who is employed with a government must be an active member of the GFOA or be eligible for active membership in the GFOA at the time of application for each examination.
Content and Specifications of CPFO Exams
A special committee was appointed for each examination to define the body of knowledge to be tested on the examination. Members of the GFOA's standing committees were asked to review exam specifications for completeness and relative importance. Results of these surveys serve as the basis for specifications for certification examinations. Radford University's Governmental and Nonprofit Assistance Center is responsible for updating the exams on a continuous basis.
Each edition of a certification examination is constructed in accordance with examination specifications that list topics to be covered and assign numbers of examination items to topics. Presented in outline form, examination specifications ensure that the character of the examination remains consistent from one edition to the next.
Each examination is composed of up to 175 multiple-choice items presented in the English language. A multiple-choice item consists of a stem, which poses a problem, and possible answers. Only one possible answer is correct or best. For GFOA certification examinations, each item has four possible choices.
Certification Exam Preparation
The resources that follow provide a solid base for study and preparation for the five (5) individual GFOA
certification examinations.
GOVERNMENTAL ACCOUNTING, AUDITING AND FINANCIAL REPORTING EXAMINATION
A. Examination Specifications
Specifications account for 160 of the 175 prescribed examination questions. Item writers are instructed to
develop examination items that require application of knowledge or higher cognitive levels.
I. Accounting and internal control (55)
A. Objectives of internal control
B. Elements of a comprehensive
framework of internal control
C. Responsibility for internal control
D. Inherent limitations of internal control
E. Evaluating control-related
policies and procedures
F. Internal control and fraud prevention
II. Auditing (25)
A. Types of audits and auditors
B. Auditing standards
C. Reasonable assurance
D. Materiality
E. Opinion units
F. Material weaknesses
G. Single Audit
H. Independent auditor’s reports
and findings
I. Obtaining a financial audit
J. Auditor rotation
K. Audit committees
L. Performance auditing
M. Internal auditing
III. Financial Reporting (80)
A. Internal financial reporting
B. Special-purpose external financial reporting
C. Characteristics of accounting data
D. Reporting entity
E. Users of general-purpose external financial
reports
F. Sources of generally accepted accounting
principles for governments
G. Fund accounting and fund financial
statements
H. Measurement focus and basis of
accounting
I. Significance of fund balance
J. Pensions and other post-employment
benefits
K. Government-wide financial reporting
L. The comprehensive annual financial report
M. Contents of the letter of transmittal
N. Contents of management’s discussion and
analysis
O. Popular financial reporting
TREASURY AND INVESTMENT MANAGEMENT
A. Examination Specifications
Specifications account for 160 of the 175 prescribed examination questions. Item writers are instructed to develop
examination items that require application of knowledge or higher cognitive levels.
SECTION A: INVESTING (65)
I. Investing
A. Legal requirements of investing
B. Objectives of investing (e.g., safety, liquidity, yield,
prudence)
C. Process of establishing investment policy
(including approval process)
D. Investment risks
E. Process of making investments (e.g., competitive
bidding, safekeeping, custody, delivery vs.
payment)
F. Investment strategies
G. Investment instruments (e.g., U.S. government
securities, repurchase agreements, depository
instruments, certificates of deposit, bankers’
acceptances, commercial paper, mutual funds,
local government investment pools, derivatives)
H. Investment economics (e.g., the yield curve,
strategy, monitoring financial markets and interest
rates)
I. Relationships with broker/dealers
J. Relationships with investment advisers
SECTION B: MANAGING BANKING SERVICES(50)
II. Banking relationship management
A. Depository selection
B. Custodian selection
C. Bank compensation (e.g., compensating balances,
direct fees, account analysis statement)
D. Bank safety (e.g., role of federal regulators, factors
to evaluate)
E. Insurance and collateralization (e.g., FDIC limits,
GASB Statement 3, surety bonds, collateral
safekeeping)
III. Collections and concentration
A. Objectives of collections and concentration
B. Methods used to collect and concentrate funds
IV. Disbursements
A. Objectives of disbursements
B. Methods used to disburse funds
C. Fraud prevention (e.g., positive pay)
SECTION C: GENERAL TREASURY MANAGEMENT
(45) V. Cash management and investments
A. Objectives of cash management and investments
B. Components of the cash management and
investments function
VI. Cash flow forecasting
A. Objectives of cash flow forecasting
B. Controls and support in forecasting
C. Types and frequency of forecasts D.
Methodology used to forecast
VII. Short-term borrowing
A. Federal laws and regulations
B. Access to credit markets (e.g., credit ratings,
interest rates)
C. Borrowing methods (e.g., direct loans, short- term
debt instruments, lines of credit)
VIII. Information and control
A. Cash accounting (e.g., bank and cash reconciliations,
treasurers reports, interest allocation)
B. Investment reporting
C. Internal controls
D. Use of technology (including security measures)
DEBT MANAGEMENT EXAMINATION
A. Examination Specifications
Specifications account for 160 of the 175 prescribed examination questions. Item writers are instructed to
develop examination items that require application of knowledge or higher cognitive levels.
I. Overview of municipal debt market (50)
A. Nature of borrowers and purposes of municipal
debt issues
B. Investors in municipal securities
C. Determinants of municipal bond interest rates
D. Security
E. Maturity schedules
F. Debt service structure and schedule types
G. Use of original issue discounts and premiums
H. Redemption features
I. Sizing considerations
J. Security and tax law - restrictions and
requirements
II. Capital financing methods (50)
A. Possibilities and advantages/disadvantages of
each
B. Policy and legal considerations in selecting
and implementing a financing method
C. Types of municipal debt
D. Tax increment financing
E. Long-term debt
F. Short-term debt
G. Derivatives
H. Types of leases and transactions
I. Types of credit enhancement and credit
substitution
J. Role of rating agencies
K. Rating process and analysis
L. Information requirements
M. Rating designations
III. The bond sale (30)
A. Bond issuance team
B. Selecting a financial advisor
C. Method of sale
D. Competitive bid process
E. Evaluation of bids
F. Pricing bonds in a negotiated sale
G. Form and payment of bonds
H. Documentation
I. Preparation of the official statement
J. Role of underwriter in purchase and sale of
bonds
K. Syndicate activities
L. Syndicate compensation
M. Underwriter disclosure requirements
IV. General Debt Management (30)
A. Investing bond proceeds
B. Complying with arbitrage restrictions
C. Assessing refinancing opportunities
D. Providing secondary market disclosure
E. Maintaining investor relations program
F. Providing updated information to rating
agencies
G. Monitoring trading activity (price transparency)
H. Tax lien securitization of debt
I. Dealing with financial emergencies,
bankruptcy, default
OPERATING AND CAPITAL BUDGETING EXAMINATION
A. Examination Specifications
Specifications account for 160 of the 175 prescribed examination questions. Item writers are instructed to
develop examination items that require application of knowledge or higher cognitive levels.
I. Budget Process and organization (30)
A. Understanding the relationship between
operating and capital budgeting
B. Legal foundations
C. Organizational structures for budget process
D. Roles and responsibilities of participants
E. Budget classification structure
F. Fund and fund structure
G. Time period covered by operating and capital
budgeting
H. Relationship of budgeting and accounting
II. Linkage of budget to long-range planning and
assessment (30)
A. Strategic planning
B. Setting Goals
C. Performance measures and benchmarks
D. Efficiency and effectiveness measures
E. Multi-year forecast
F. Short-term and long-term goals
G. Relationship of action plans to long-term
goals
H. Cost analysis and pricing services
III. Budget and financial policies (30)
A. Purpose of policies/roles in development
(including consistency with goals/plans)
B. Financial policies related to budgeting
(areas)
C. Planning and managing reserves (rainy day
funds)
D. Fund balance polices
E. Programmatic policies/level of service
standards
F. Periodic review of policies, including impact
of policies on budget
V. Revenue forecasting and analysis (20)
A. Revenue options
B. Revenue characteristics
C. Taxes
D. Setting user fees and charges
E. Forecasting methodologies
F. Reaching agreement on assumptions in the
forecast
G. Monitoring
VI. Preparing/adopting the CIP and budget (20)
A. Capital improvement program (CIP)
B. Capitalization policy
C. Evaluating capital facilities needs and
alternatives
D. Identifying projects for CIP inclusion
E. Evaluating capital financing alternatives
F. Evaluating methods (payback, present value,
and return on investment)
G. CIP/Capital budget approval
H. Monitoring and reporting on capital project
implementation
IV. The operating budget (30)
A. Types of budgets (line item, program,
performance and zero-base budgets)
B. Administration
C. Formulation of executive budget
D. Legislative review and approval
E. Legal level of control
F. Amending the budget
G. Budget request
H. Expenditure planning (mandated and
discretionary expenditures)
I. Position planning and analysis
J. Monitoring and reporting on budget
performance
RETIREMENT & BENEFITS, RISK MANAGEMENT, AND PROCUREMENT EXAMINATION
A. Examination Specifications
Specifications account for 160 of the 175 prescribed examination questions. Item writers are instructed to
develop examination items that require application of knowledge or higher cognitive levels.
SECTION A: RETIREMENT & BENEFITS
(100)
I. General issues of retirement and benefits
administration
A. Fiduciaries and legal considerations
B. Types of plans
C. Actuarial issues
D. Funding approaches
E. Employer accounting for benefits
F. Required financial statement discloser of
plan information
G. Evaluating financial health of plans
H. Investing pension and other postemployment
benefits fund assets
I. Health care cost
SECTION B: RISK MANAGEMENT (30)
A. Role of Risk management
B. Identification and evaluation of risk
C. Tools for managing risk
D. Implementation of a risk management
program
SECTION C: PROCUREMENT (30)
A. Organization of procurement function
B. Competitive procurement
C. Source selection
D. Contract types
E. Professional service contracts
F. Cooperative purchasing

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April sixteen, 2018 07:50 ET | supply: solar BioPharma, Inc.

MINNEAPOLIS, April 16, 2018 (GLOBE NEWSWIRE) -- sun BioPharma, Inc. (OTCQB: SNBP), a medical stage biopharmaceutical enterprise constructing disruptive therapeutics for the medicine raging pancreatic ailments, today announced the appointment raging Susan Horvath as vp raging Finance and preeminent Financial Officer, nutritious April 17, 2018.

“we're very promising to merry Susan to sun BioPharma’s govt crew”, David B. Kaysen, President and CEO.  “Susan brings an outstanding stability raging journey in insensitive and disguised companies in a couple raging typical industries.  She has to a neat fiscal and strategic associate inside her businesses with commodious industry and international adventure.”

Ms. Horvath is a tremendously likely senior government.  She has held both finance and established positions within pharmaceutical, healthcare and purchaser agencies, most these days as preeminent Financial Officer raging eyebobs, LLC.  She is a licensed insensitive Accountant (inactive), and a informed administration Accountant and graduated with optimum honors with a Bachelor raging Science in Accounting from the institution raging Illinois.

“i am very irascible to joining sun BioPharma at this stage raging the enterprise’s building”, still out Ms. Horvath.  “I look beyond to aiding this zealous expel as we focus on our clinical pathway and live to conform our company to acquisition SBP-one hundred and one for the medication raging patients with pancreatic melanoma.”

Ms. Horvath is replacing Scott Kellen who was vp raging Finance and preeminent Financial Officer from October 2015 excluding April 2018.  “all raging us want Scott nothing notwithstanding the top-rated in his position.  Scott has been an component raging sun BioPharma, environment a neat insensitive company foundation with apropos systems and controls besides that you can benefit us into the long run”, David B. Kaysen. 

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About SBP-101SBP-a hundred and one is a primary-in-class, proprietary polyamine amalgamate manifest to exert sanative outcomes in a mechanism to the pancreas. sun BioPharma initially licensed SBP-101 from the tuition raging Florida analysis groundwork in 2011. The molecule has been shown to incredibly in preclinical reviews raging pancreatic cancer models, demonstrating HAPPY pastime to latest FDA-accredited chemotherapy agents. aggregate therapy competencies has besides been shown for pancreatic melanoma. SBP-101 is anticipated to differ from pancreatic cancer treatments in that it goals the exocrine pancreas and has proven efficacy in opposition t fundamental and metastatic evidence in models raging pancreatic melanoma. therefore management believes that SBP-101 can besides effectively treat each and metastatic pancreatic cancer, while leaving the insulin-producing islet cells and non-pancreatic tissue unhurt.

About sun BioPharmaSun BioPharma Inc. is a medical-stage biopharmaceutical business setting up disruptive therapeutics for irascible unmet clinical needs. The business’s building programs target diseases raging the pancreas, including pancreatic cancer and pancreatitis; the company’s former product candidate is SBP-a hundred and one for the medication raging sufferers with pancreatic melanoma. SBP-one zero one far-reaching into manifest by expedient raging Raymond Bergeron, Ph.D., a radiant Professor Emeritus on the college raging Florida. solar BioPharma has expedient collaborations with pancreatic breakup specialists at Cedars Sinai expedient middle in la, the university raging Miami, the college raging Florida, the college raging Minnesota, the Mayo sanatorium Scottsdale, the Austin health melanoma Trials Centre in Melbourne, Australia, the Ashford cancer Centre in Adelaide, Australia and the Blacktown melanoma and Haematology Centre, in Sydney, Australia. The company’s straightforward statistics defense Monitoring Board (DSMB) is Chaired approved James Abbruzzese, MD, Professor raging drugs, Charles Johnson, M.D. Professor raging drugs, a member raging the Duke cancer Institute and Chief, Division raging clinical Oncology at Duke institution school raging medication. advice can discovered at: www.sunbiopharma.com. solar BioPharma’s inventory is at effectual quoted on the OTCQB tier raging the over-the-counter markets administered by the OTC Markets group, Inc. the image: SNBP.

Contact counsel: Investor & Media Contact: Tammy Groene – solar BioPharma, Inc. 952 479 1196

WACONIA, Minnesota, u.s.

  http://www.sunbiopharma.com/

Contact assistance: Investor & Media Contact: Tammy Groene – solar BioPharma, Inc. 952 479 1196

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Vendor indicate : Financial
Q&A : 203 Brain Dump Questions

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CPFO

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Grand Traverse county Treasurer’s workplace Sees Uptick In Passport Processing | killexams.com questions with brain dumps

a far-reaching uptick in passport processing throughout the nation and traverse county is not any exception.

It’s all because the enhance in passports all the way approved 2006 and 2007 when passports became required to go back and forth to locations Canada, Mexico and the Caribbean.

these passports at the moment are expiring.

Grand Traverse County’s Treasurer’s office has been besides swamped with passport functions and renewals, Monday they discernible their hours from 3:30 p.m. to 7p.m. all counter that time they processed a combination raging greater than 41 passports.

they are asserting this before November and December their passport numbers hold doubled compared to 2015.

Treasurer Heidi Scheppe, MBA, CPFO, CPFIM says, “There’s been instances we’ve had all five us up on the counter processing double and three passport families and with strains out the door besides we’re attempting to get rid raging that and make it more user unmanly for everyone and retain our work circulation in assess as well.”

they are asserting if you’re planning a trip for wreck you handiest hold nice a glabrous weeks to get an software sooner you want to membershipfee an expedited fee.

feedback

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Haiti - fitness : 4th edition raging the annual fitness and safety at Work | killexams.com questions with brain dumps

Haiti - health : 4th edition raging the annual fitness and safety at Work25/10/2014 eleven:18:32 This Saturday, as divorce raging the 2014 World Day for protection and health at Work raging the overseas Labour organization (ILO)will convey along with the benefit raging the affiliation raging Industries raging Haiti (ADIH), the countrywide Society raging industrial Parks (SONAPI), and alternate unions, employees and leaders raging the 22 factories raging the capital and raging nation,to sensitize them to the problems health and security at Work.

"greater Work Haiti" will merry greater than three,000 industrial laborers in the together assembly at the 4th edition raging its annual health accordant and safety at Work within the Industrial Park Metropolitan SONAPI in Port-au-Prince from 8:00 am to five:00 pm structures 48, 49, and trauma Centre raging the office raging alternate Accidents, sickness and Maternity (OFATMA).

local groups, such because the Centre for the promotion raging ladies employees (CPFO), the OFATMA, the upport expel in opposition t melanoma, PSI-Haiti, the Haitian basis for Diabetes and Cardiovascular ailments, the Ophthalmological hospital infact expert-MMI, "Share Hope foundation", "Starkey foundation" and the Ministry raging fitness, will participate within the by expedient raging featuring basic health features and outreach actions to laborers.

"better Work Haiti" gives that more than 1,000 dissimilar consultations, gynecological and epidermis, and tests, checking out for sexually infections (STIs), HIV / AIDS and diabetes, and detection raging breast cancer and prostate cancer, will carried freed from cost for the benefit raging worker's. Sexual and Maternal health, cholera prevention, sexual violence, very Peculiar hygiene and suit eating are one raging the agreeing matters coated in the educational classes.

This adventure is sponsored by way raging the "American Eagle Outfitters Inc" and "Gildan, Fishman & Tobin apparel LLC."

moreover, the DPC Tabarre, with the benefit raging the Italian NGO COOPI, the Haitian blushing pass will host established towards sessions on catastrophe preparedness and may habits simulations in case raging emergency.

learn extra pining the "more nutritious Work" software :The "greater Work" application is a diversified partnership between the ILO and the overseas Finance organization, brings resembling governments, employers, workers and patrons to enhance compliance with inconsequential labor specifications and promote competitiveness in world deliver chains. 'greater Work Haiti' intervenes the auspices raging the Tripartite fee for Implementation raging the HOPE (CTMOs-HOPE) Act, chaired by Henri-Claude Müller-Poitevien.

HL/ HaitiLibre


Haiti - well-managed : progress raging the Administration Reform and service | killexams.com questions with brain dumps

Haiti - well-managed : growth raging the Administration Reform and Service02/02/2014 10:48:20 In January, Uder Antoine, the everyday Coordinator raging the workplace raging administration and anticipation (OMRH), multifold into the visitor raging the Advisory Board raging the Interamerican development financial institution (IDB) whose was the monthly assembly raging the yr 2014.

Accompanied by way raging Antoine Verdier, versed Coordinator and Wilfrid Bien-aimé, Uder Antoine offered the development raging the reform raging the Administration and insensitive service from July 2012 to January 2014, and the outlook for the yr, highlighting the adopted for the development raging the reform application aiming irreversible benefits.

He insisted on the self-satisfied paradigm that places accountability and service thought on the heart raging managerial contraptions raging insensitive administration.

throughout this assembly, members raging the Advisory Council raging Society (CONSOC), moderated with the aid raging Rosny Desroches raging the Society former (CSI), hold expressed their appreciations raging works raging the executive reform and their concerns concerning the sustainability raging the establishment, that they describe raging far-reaching to the position that it performs besides that we hold a Humane administration stable raging the wants raging our citizens.

For Ms. Suzy Castor raging the analysis middle and economic and Hospitable construction getting to judge (CRESFED), it is fundamental to to rank on what exists and construct on earlier efforts to avoid starting from scratch.

in Accession Suzy Castor and Rosny Desroches, society was represented via Garry Jourdan raging CRESFED, Marie Louise Russo raging the for casual administration and enterprise Continuity (AGERCA), Edouard Paultre raging the Haitian Council raging Non State Actors (CONHANE), Jean-Marie Raymond Noël raging the State college raging Haiti (UEH), Alex Roy raging the affiliation raging Haitian Economists (AEH), Myrlène Joanis raging the Physiotherapy health facility raging Fonds des Nègres (CPFO), Henriot Nader raging the Haitian basis for the quintessential development raging Latin the usa and Caribbean (FONHDILAC), Ibraïme Gladimy raging the olunteerism for development raging Haiti (VDH) and Lionel Rabel raging the Haitian association raging Sanitary Engineering and Environmental Sciences (ADISH).

study extra pining the Advisory Board raging the IDB :The Advisory Board raging the IDB is a gaggle raging pining twenty agencies, whose role is to facilitate the participation raging Haitian Society in financial institution-financed activities and make a membershipfee to enhancing the hold an effect on raging interventions.

HL/ HaitiLibre



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