ASMC Textbooks

The textbook used in ASMC’s Enhanced Defense Financial Management Training Course (EDFMTC) provides extensive information on all the competency areas addressed in the Module 1, 2, and 3 CDFM exams. The textbook used in ASMC’s Module 4 Acquisition Business Management Course—the “Module 4 Addendum”—provides detailed information on the competency areas addressed in the Module 4 CDFM exam. View more information on ASMC textbooks here.

As a courtesy to individuals interested in taking a CDFM certification examination, ASMC provides suggested reference sources for exam preparation. ASMC does not endorse any specific person, product, resource, or service as a means of preparing for or achieving certification. Candidates are encouraged to plan their own course of study by reviewing the examination specifications, identifying any areas of weakness, and securing the necessary resources to adequately prepare for the examination.

ASMC Textbooks

The textbook used in ASMC’s Enhanced Defense Financial Management Training Course (EDFMTC) provides extensive information on all the competency areas addressed in the Module 1, 2, and 3 CDFM exams. The textbook used in ASMC’s Module 4 Acquisition Business Management Course—the “Module 4 Addendum”—provides detailed information on the competency areas addressed in the Module 4 CDFM exam. View more information on ASMC textbooks here.

Reference List for the Module 1-3 Exams

The source documents for the 2018 Module 1-3 examination items include U.S. codes, OMB circulars, and DoD publications, such as FMRs, instructions, directives, the Green/Red/Yellow Books, etc. Download the 2018 CDFM Module 1-3 Exam Reference List here.

ASMC does not endorse any specific person, product, resource, or service as a means of preparing for or achieving certification.

ASMC’s Enhanced Defense Financial Management Training Course (EDFMTC)

The EDFMTC is a 5-day, 40 hour intensive review of DoD financial management taught all over the world, typically on U.S. military bases. It was developed in the year 2000 with the goal to broaden the students’ overall understanding of defense financial management. The course content is presented in 3 sections that correspond to the 1, 2, and 3 CDFM exam modules and knowledge areas.

The course is highly regarded by DoD and has been aligned to the DoD Financial Management Certification Program. There are centrally-funded courses provided by DoD as well as “overflow” courses available from ASMC licensed providers for those who are not eligible for a centrally-funded course. View more information on the EDFMTC here.

ASMC’s Module 4 Acquisition Business Management Course

ASMC provides a 2-day training course emphasizing the Defense Department’s approach to acquisition of major systems. The course provides an overview of the defense acquisition system, review and approval procedures, milestones, and program management terms. The course has been aligned to the DoD Financial Management Certification Program. View course availability and information on hosting a Module 4 Course at your location here.

ASMC’s CDFM Module Refresher Courses

ASMC offers 2-day individual module refresher courses that focus on one module area at a time and follow the format of the EDFMTC textbook. These courses have been aligned to the DoD Financial Management Certification Program. View more information on Refreshers here.

ASMC’s Fiscal Law Courses

ASMC offers 1, 2, and 3 day fiscal law courses. These courses are available for chapters or organizations to sponsor. ASMC’s fiscal law courses are aligned to the DoD FM Certification Program. View more information on fiscal law courses here.

DoD’s Resource Management Universities and Schools

Selected elements of the curriculum at these educational institutions, such as the Defense Financial Management and Comptroller School at Maxwell AFB, the Syracuse University Defense Comptrollership Program, the Defense Resource Management Institute, the Defense Acquisition University, and the Naval Postgraduate School, will contribute to preparation for the examinations.

Group Study at Local ASMC Chapters

Contact your local chapter president or program committee chair for details.

The design of the examinations is set forth in the examination specifications provided below, which define the competency areas (domains) and subdomains covered on the examinations, as well as the approximate percentage of examination items covering each competency area.

Candidates are encouraged to review the specifications to assess their level of knowledge in each of the content areas and identify the areas in which they believe they need additional preparation.

The 2018 Module 1-3 exam blueprints can be downloaded here or found on pp.6-10 of the CDFM Candidate Handbook here.

The Module 4 exam blueprints can be found on pp.14-15 of the CDFM Candidate Handbook here.

The CDFM exams are closed book, proctored exams, designed to evaluate candidates seeking professional certification in the field of defense comptrollership. Each of the 4 examination modules contains 80 multiple-choice items, and candidates are allowed 2 hours to complete each exam. The exams may be taken in any order, and a candidate must take and pass Modules 1, 2, and 3 within a 4-year time frame to earn CDFM certification. Module 4 must also be taken and passed in order to earn the CDFM-A designation.

Job Task Analysis and Content Validation

A job (task) analysis defines the current knowledge, skills and abilities that must be demonstrated by defense financial managers for successful and competent practice in this role. In accordance with applicable testing industry standards, these competencies have been validated utilizing surveying and focus group methodologies, according to frequency and importance. All decisions regarding the content of the examination are made by appropriate subject matter experts. That is, ASMC uphold stringent guidelines for the construction and implementation of the examination development and administration process, which is governed by ASMC’s Certification Commission (CC). The CC is comprised of experienced and highly-qualified DoD financial management professionals working in various industry practice settings.