CDFM Exam Study Guide

Prepare for the CDFM (Certified Defense Financial Manager) exam with a focused, comprehensive study companion aligned to the current SDFM exam blueprints for Modules 1, 2, and 3.

CDFM Study Guide organizes everything into the blueprint competency areas — Government Resource Management Environment, Manpower Management, Enterprise Risk Management & Internal Controls, Fiscal Law, Defense Budget Process, Cost & Economic Analysis, Strategic Planning & Performance Management, Accounting, Finance, and Auditing — so you study exactly what the exam tests.

FOUR WAYS TO STUDY

• 168 flashcards — tap to flip, tagged by exam domain

• 126 multiple-choice questions with worked explanations

• Term-matching game — pair all 112 key terms, in rounds of five

• Searchable 112-term glossary and 43 formulas

TOPICS COVERED

• Resource management environment: the Constitution and the power of the purse, the federal budget structure, roles of the President, Congress, OMB, CBO, Treasury, and GAO

• Manpower: end strength, FTE computation, manpower requirements and OMB A-11 reporting

• ERM & internal controls: FMFIA, FFMIA, OMB Circular A-123, COSO, and the GAO Green Book

• Fiscal law: purpose/time/amount, the bona fide needs rule, the Anti-Deficiency Act, continuing resolutions, reprogramming and transfers, accountable officers

• Defense budget process: PPBE, the POM, budget exhibits, congressional enactment, and budget execution

• Cost & economic analysis: cost estimating methods, learning curves, inflation, discounting, and OMB A-94

• Strategic planning: GPRA/GPRAMA, performance measures, and the balanced scorecard

• Accounting: FASAB standards, USSGL, budgetary vs. proprietary accounting, and the federal financial statements

• Finance: DFAS, the Prompt Payment Act, EFT, debt collection, and cash management

• Auditing: GAGAS/Yellow Book standards, audit types and opinions, and the DoD financial statement audit

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This app is an independent study aid and is not affiliated with, endorsed by, or sponsored by the Society of Defense Financial Management (SDFM). All trademarks are the property of their respective owners. Exam content and policies change over time — always verify current requirements with the certifying body.