Finally passed my CGFO after two attempts — here's what actually helped

by Daniel M. 9 views3 replies
D
Daniel M.OP
May 27, 2026

So I've been in municipal finance for about six years and my supervisor basically told me I needed the CGFO certification if I wanted to move into the assistant director role. I failed my first attempt back in February — scored a 68 and needed a 75. Honestly I went in underprepared and thought my work experience would carry me further than it did. The governmental accounting sections absolutely destroyed me.

Second time around I completely changed my approach. I used a CGFO practice test bank to figure out where my actual weak spots were (turns out it was debt management and pension accounting, not just the fund accounting stuff I assumed). I also found a solid study guide that broke down GASB pronouncements in plain English instead of the usual dense regulatory language. Spent about 8-10 hours a week for 10 weeks leading up to the exam.

Passed with an 81 this time. If you're starting your prep, I'd seriously recommend doing a diagnostic test first before you touch any study materials — knowing your gaps saves so much wasted time. Happy to answer questions about specific topics if anyone's going through this right now.

E
emily_w
May 28, 2026
This is really encouraging, thank you for sharing. I'm scheduled for September and the pension accounting piece is already scaring me. Did you find the actual exam questions were similar in style to the practice tests you were using, or did the wording throw you off? I've heard the CGFO likes to test application more than just memorization and I'm trying to calibrate how deep I need to go on each topic area.
S
Samantha C.
May 28, 2026
Congrats on passing! I went through this last year. The GASB 68 and 75 material (pensions and OPEB) is genuinely tough if you don't work with it day-to-day. One exam tip that helped me: don't just read the pronouncements, work through journal entries by hand. Something about doing the actual debits and credits made the concepts stick way better than re-reading explanations. Also the budget process questions tripped up a lot of people in my study group.
P
priya.test
May 28, 2026
Eight to ten hours a week for ten weeks is a real commitment — props for sticking with it after a first fail. A lot of people give up after one attempt. The diagnostic approach you mentioned is solid advice and something I wish I'd done instead of just starting from chapter one of the study guide.

Join the Discussion

Sign in or register to reply with your account, or reply as a guest below.