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The Certified Government Financial Manager (CGFM) exam covers a variety of topics related to financial management in the public sector. The topics include:1. Governmental Environment: This topic covers the legal and regulatory environment of government financial management, including the roles and respon...
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See Illustration 5 below for a typical MCQ on goodwill. Illustration (5) Red Co acquired 80% of Blue Co's 40,000 $1 ordinary share capital on 1 January 2012 for a consideration of $3.50 cash per share. The fair value of the non-controlling interest was $50,000 and the fair value ...