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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 : August 17, 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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CPFO Certified Public Finance Officer (CPFO)

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CPFO exam Dumps Source : Certified Public Finance Officer (CPFO)

Test Code : CPFO
Test Name : Certified Public Finance Officer (CPFO)
Vendor Name : Financial
Q&A : 203 Real Questions

Financial Certified Public Finance

inner most Capital group Welcomes Three licensed economic Planners | killexams.com Real Questions and Pass4sure dumps

This publish became contributed by a neighborhood member.

West Hartford, Conn. (February eight, 2018) – private Capital group (PCG), a number one West Hartford-based mostly wealth management and advisory firm, is glad to announce Keith G. Wetjen, JD, CFP®, Peter C. Pabich, M.S., CFP® and Marilyn Steinmetz, CFP® have joined its starting to be group. With the addition of Wetjen, Pabich, and Steinmetz, the business now manages more than $1 billion in client belongings.

All three of the new crew contributors are licensed monetary Planners™ who join PCG with a wealth of adventure serving individuals, families and enterprise house owners to support them know their monetary dreams. Wetjen, of Simsbury, earned a Bachelor of Arts diploma from the tuition of Connecticut and a law degree from The Western New England school faculty of law. Pabich, of Simsbury, holds a B.A. from St. Anselm college and a M.S. from Rensellaer in Hartford. Steinmetz, of West Hartford, holds a B.A. in advertising from the university of Hartford, and an MBA in Finance from the institution of Connecticut. All three are additionally energetic in their local communities with quite a lot of charitable initiatives.

"we're very selective about who we carry on board," William T. Rabbitt, CFP® inner most Capital group Co-Founder, pointed out. "At private Capital community we utilize a comprehensive approach to monetary planning for top web value individuals, a service/solution center of attention for business retirement plans, and a sophisticated structure to guide endowments. Our investment philosophy combines spectacular analysis with the merits of each passive and active funding management suggestions in a tax productive method. Keith, Peter and Marilyn's method is thoroughly in sync with our philosophy and values and we're extremely joyful to welcome each and every of them."

PCG now employs eight certified financial Planners (CFPs), a certified Public Accountant (CPA), and an legal professional plus eight support workforce.

With these new friends, inner most Capital group has gained a big depth of experience and considerable boom in property under management: "We look forward to the growth alternatives in the marketplace with a stronger and more desirable group approach," Benjamin D. Kille, CFP®, AIF, private Capital group Co-Founder , referred to.

About deepest Capital group

for prime-web-worth people and families, inner most Capital group (PCG) gives sophisticated fiscal planning with asset allocation techniques, money circulate innovations, tax concepts, and property planning personalised to every client. Advisors advance a tailored financial plan designed with the individual client's most advantageous hobbies, entertaining wants and long-time period objectives in intellect. PCG offers the talents and the solutions for client wealth accumulation, protection, distribution, company succession, and philanthropic endeavors. PCG makes use of holistic options to drive consequences and integrates all monetary and funding innovations into one total Wealth Plan. For extra assistance, call 860.561.1162 or discuss with www.pcgct.com.

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may still an authorized Public Accountant Do Your monetary Planning? | killexams.com Real Questions and Pass4sure dumps

do not be shocked if the certified public accountant calculating your income taxes tries to promote you on fiscal planning capabilities. As accounting firms expand their scope of services, many are seguing into the monetary advisory enterprise.

"there is lots of intersection between the two disciplines," says John Gustavson, a director within the Minneapolis office of CPA firm Clifton Larson Allen. He'd recognize: he is both a CPA and a certified economic planner.

CPAs earn advanced levels and need to move a roster of checks to turn into licensed. they are required to retain their knowledgeable skills up to date. CFPs take a special set of checks, which might be administered by means of the licensed economic Planner Board.

there is a intent accountants see tax season as their big chance to win new purchasers for advisory capabilities. consumers who have sufficiently complex finances to justify the features of an accountant probably have adequate complexity, or own adequate assets, to additionally justify the capabilities of an advisor. In different phrases, if it's worth it to appoint an accountant, or not it's probably value it to hire an advisor.

[See: 13 Lucky Events That Call For a Financial Plan.]

Tax season is the time of the yr when involved americans are trying to find professional information, for this reason opening the door to further capabilities -- or so accountants hope. The American Institute of certified Public Accountants estimates that 25 percent of its 394,000 member accountants additionally present some economic planning capabilities. That interprets to 114,000 accountants able to recommend additional capabilities, both directly or by way of referring you to the advisory division inside their company.

Your tax return is a great location to beginning anyway, because it's a snapshot of your profits streams, and that is the reason what an consultant desires to look first, Gustavson says. but most CPAs concentrate on a technical fiscal enviornment, equivalent to taxes. it be the fiscal planner who will quarterback your relationship by means of reviewing the whole image, from taxes to investments, insurance and estate planning, he adds.

[Read: 3 Big Secrets You Should Tell Your Financial Advisor.]

if you're due to the fact that a CPA firm for advisory features, right here's how to work out if it's a superb healthy in your wants.

-- Ask in regards to the personal financial professional designation. no longer to be confused with the CFP qualification, the PFS is an further talents that handiest CPAs can earn via additional schooling, journey and by passing an exam. which you can find a CPA with the PFS credential at www.findacpapfs.org.

-- be sure the CPA enterprise offers full-fledged monetary advisory services, exceptionally if you're common with its work in keeping with a corporate relationship. Some enterprises specialize in most effective business-to-company classes, similar to industrial actual property and company tax, elements out Andrea Millar, who leads the own fiscal planning division of the AICPA.

-- find out who will "own" the relationship. At some enterprises, the primary professional you're employed with just about "owns" the relationship. At others, an inside referral can also also outcomes in a new simple point of contact. make clear who you will be working with on an ongoing foundation.

-- As always, be sure you bear in mind how the marketing consultant is being compensated. CPAs are typically paid via the hour, which ability they're comfy giving independent information about the cost of alternative services, chiefly functions sold by commission-based mostly agents akin to investments and coverage. At some firms, corresponding to Clifton Larson Allen, very own economic advisors are salaried, minimizing any inside battle of pastime.

-- Is the accountant comfy quarterbacking your hand-picked crew of advisors and fee-based brokers? Tony Panebianco, director of household wealth innovations for long island-primarily based CPA firm Grassi & Co., says some clients could are looking to collect a new crew of advisors partly produced from present relationships and partly with newly engaged authorities.

similarly, Panebianco says, make certain to be mindful how the accounting firm itself handles external referrals in order that the compensation structures are clear.

[Read: A Guide to Financial Advisor Fee Structures.]

despite their optimal intentions, many accounting companies may additionally now not have satisfactory workforce to commit to own fiscal planning, says Marc Rosenberg, managing partner of The Rosenberg acquaintances Ltd. in Wilmette, unwell., a consulting enterprise that advises CPA firms. The occupation is experiencing a ability crunch, he explains, and a lot of CPA firms can't appoint satisfactory accountants, not to mention fiscal planners.

In his opinion, the choicest guess is a CPA firm with a stand-alone staff of financial planners. if your accounting firm doesn't present that? "It generally is a clue that you need an even bigger company," Rosenberg says.

at last, don't forget that referrals work both approaches. simply as your CPA can refer you to a financial planner, your licensed fiscal planner can basically certainly refer you to an authorized public accountant.

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Add 'licensed wealth strategist' to designation duel | killexams.com Real Questions and Pass4sure dumps

long island - Make room for one other business designation.

The latest entry into an already crowded container rolls out subsequent month when lessons begin for an authorized wealth strategist designation from the Cannon economic Institute Inc. and the new England college of Finance.

the new designation, in response to the sponsors, goes past the "e-book capabilities" of alternative designations by using "teaching and addressing practice administration and customer interaction advantage, as smartly as the 'technical' capabilities required to correctly tackle customer wealth management issues."

no longer incredibly, organizations sponsoring centered designations beg to differ.

Elizabeth Jetton, chairwoman of the Denver-based financial Planning affiliation, which awards the certified economic planner designation, said yet an additional designation for economic planners and advisers "is difficult to the public." She delivered that differentiating between "monetary planning" and "wealth approach" is "beginning to break up hairs."

Ms. Jetton, who's also president of economic imaginative and prescient Advisors Inc. in Atlanta, talked about a wealth strategist designation, as opposed to an academic direction, "does not do the public any good." apart from schooling, she observed, the CFP designation comprises a code of ethics, an examination, skilled adventure and a disciplinary procedure.

but Ms. Jetton doesn't feel the CWS designation will lower the prominence of the CFP certification. "we've got won that battle," she mentioned.

The big apple-based mostly American Institute of licensed Public Accountants, which awards the personal economic professional credential to CPA planners, hasn't exactly rolled out the crimson carpet, both.

"We appreciate there will at all times be competitive credentials. Our mission is to continue educating the general public about the value of our own financial specialist credential," stated Joel Allegretti, a spokesman for the AICPA.

"as a way to attain the PFS, a person must be a CPA and have enormous fiscal planning journey prior to making use of for the designation," he talked about. "No different fiscal planning credential consists of such rigorous necessities."

however Mark Keith, vp for counsel expertise and e-discovering at Athens, Ga.-primarily based Cannon, spoke back that the confusion become a result of too many "technical certificates."

He referred to that Cannon and the Boston-based mostly New England school of Finance created the CWS designation in line with demand from wealth managers, banks and others in the financial capabilities industry that desired a certificates that turned into "oriented toward making use of practical abilities that's instantly beneficial."

Mr. Keith brought that he seen the CWS designation as "complementary" to the "technical" CFP certification.

lessons for the CWS certificates will firstly be geared toward practicing advisers and managers who belong to a company and will take neighborhood courses in diverse areas around the nation. Robert Regan, president and chief govt of the brand new England college of Finance, talked about course work will consist of classroom guideline, peer interaction, e-studying and directed look at.

additionally, he stated, people who finished the CWS path can follow credit toward an "accelerated software in economic services," a web graduate-level program offered via the school and the university of California, Berkeley. moreover, Mr. Regan spoke of, the CWS certification could be worth 10 graduate credits toward an internet grasp of enterprise administration program the school is offering with the tuition of Maryland.

depending on the measurement of a monetary company's group, the CWS course will charge about $3,900 someone, spoke of Heather Garrison, an govt vice chairman for Cannon.

Alphabet soup

Some organizations have already signed up, Mr. Keith talked about. Others are nonetheless making up their minds.

"we're currently evaluating the ridiculously significant variety of designations currently offered in our business," referred to Jordan Werner, superintendent and director of private-client services for D.A. Davidson & Co. of super Falls, Mont. The brokerage enterprise has labored with Cannon in the past.

Davidson, Mr. Werner persevered, desires to assess which designation programs "will even have tutorial advantage, could be significant to shoppers and may be legally prudent for us."


CPFO Certified Public Finance Officer (CPFO)

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CPFO exam Dumps Source : Certified Public Finance Officer (CPFO)

Test Code : CPFO
Test Name : Certified Public Finance Officer (CPFO)
Vendor Name : Financial
Q&A : 203 Real Questions

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CPFO

Pass 4 sure CPFO dumps | Killexams.com CPFO real questions | [HOSTED-SITE]

city personnel Ballou, Weeks flow national finance examination | killexams.com real questions and Pass4sure dumps

city employees Erin Ballou, chief accountant, and Sean Weeks, senior revenue accountant, handed a five-part exam to earn their certified Public Finance Officers designation through the executive Finance Officers association of the united states and Canada.

These exams cover primary disciplines of public finance and are a mark of excellence in executive financing.

There are at the moment simplest 563 CPFOs.

A candidate has seven years to effectively complete the software. as soon as earned, the CPFO designation is maintained through taking part in 30 hours of carrying on with skilled training each 12 months or 60 hours of CPE credit score if the CPFO info over a two-year period.


Govt asks EPFO to settle pending PF circumstances quickly while on-line submitting of claims would make technique greater handy | killexams.com real questions and Pass4sure dumps

Directing Jammu and Kashmir personnel Provident Fund organization (EPFO) to expedite the method of agreement of pending dues to its subscribers, guide to Governor, okay Vijay Kumar spoke of launch of carrier for filing online claims would make the total manner easy and additionally help in monitoring the software with latest status.

He additionally asked EPFO to make certain that the worker who info the Provident Fund declare get the money inside stipulated time body. He additionally directed for pacing up the technique of digitization of facts which might extra assist in achieving the nice effects.

whereas chairing the eightieth meeting of Board of Trustees of J&k EPFO right here on Tuesday, the consultant observed that it's essential that the funds of the employees deposited with the organization should still receive back to them each time the subscriber files claim with the JKEPFO within given duration of time.

The assembly turned into attended by fundamental Secretary, Labour & Employment and Industries & Commerce department, Shailendra Kumar, Provident Fund Commissioner J&okay Bashir Ahmed Khan, a number of individuals of Board of Trustees and officers from JKEPFO.

during the meeting, it turned into decided that soon the organization will launch the carrier of submitting claims on-line that might make the whole manner effortless and also assist in tracking the application with their present popularity. It changed into wired that the digitization of statistics must be accomplished by using the conclusion of December, 2018.

Addressing the assembly Kumar additionally directed for putting in an exceptional criticism redressal mechanism and to handle the issues of the personnel who're the subscribers of EPFO.

JKEPFO would additionally advance online price software to acquire and pay the funds on-line to the subscribers. with a purpose to make the corporation subscriber friendly and self-ample, the marketing consultant cautioned for sending a team of the Board of Trustees to examine the most fulfilling mannequin of the EPFO in the country and to undertake the practices getting used with the aid of that organization.

The consultant additionally requested for conducting the inner audit of the personnel to get their efficiency record besides incentivizing the staff working in the EPFO offices in quite a few districts of the state.

The meeting mentioned in detail all of the agenda objects presented earlier than the board for discussion and approval including audit of money owed, funding of provident fund funds, declaration of expense of interest for current economic year, enhancement of coverage quantity and contract of withdrawal/Provident Fund claims inside time frame and others.

concerning investment of Provident Fund funds, it became determined that a ideal fund supervisor would be employed and the counsel and plan of the fund manager can be taken up earlier than the Board for approval.

"correct fund administration is the need of the hour and the majority of the corpus mendacity with the corporation should be invested adequately in order that the returns can be utilized on welfare of the employees", the marketing consultant observed.

primary Secretary Labour & Employment recommended the meeting that the firm has employed a company for guidance of the annual debts for the years 2006-07 to 2014-15. as soon as the job is completed through the enterprise, JKEPFO will contact CAG for appointing a team for the audit of bills of the company, he introduced.

whereas discussing the situation of declaration of price of activity, it changed into proposed that the EPFO should still observe the expense of interest which critical Provident Fund corporation (CPFO) is carrying. with reference to enhancement of insurance quantity, it changed into recommended that the company has improved the amount upto Rs 2 lakh.

The meeting also deliberated upon the comply with up action of the selections taken within the previous assembly of the Board of Trustees.

while enquiring about the fame of criminal instances pending in a considerable number of courts, the Provident Fund Commissioner recommended the assembly concerning the details of the instances and put forth the demand of hiring standing counsels for each the divisions. The marketing consultant requested the primary Secretary to seem into and additionally to take up with the legislation department and are available to the Board in its subsequent meeting.

He additionally requested for hiring features of some reputed IT company or taking support from the IT department for conclusion to conclusion process capturing on computers. The members also raised a number of other concerns a good suggestion for the subscribers. The contributors were certain that all genuine features raised by using them could be looked after.

UNI BAS YSS SY 1833

-- (UNI) -- C-1-DL0153-1441870.Xml


Grand Traverse County Treasurer’s workplace Sees Uptick In Passport Processing | killexams.com real questions and Pass4sure dumps

a large uptick in passport processing throughout the nation and grand traverse county isn't any exception.

It’s all because the enhance in passports all the way through 2006 and 2007 when passports grew to become required to travel to locations like Canada, Mexico and the Caribbean.

those passports are actually expiring.

Grand Traverse County’s Treasurer’s workplace has been so swamped with passport purposes and renewals, Monday they extended their hours from 3:30 p.m. to 7p.m. right through that point they processed a complete of greater than forty one passports.

they say this past November and December their passport numbers have doubled compared to 2015.

Treasurer Heidi Scheppe, MBA, CPFO, CPFIM says, “There’s been instances we’ve had all 5 us up on the counter processing two and three passport households and with strains out the door so we’re attempting to get rid of that and make it more person friendly for every person and preserve our work circulate in examine as neatly.”

they are saying if you’re planning a trip for spring break you handiest have just a few weeks to get an application before you must pay an expedited charge.

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