1. Annual Survey of Defense Financial Management Executives
Presented to the ASMC Buckeye Chapter
Phara G. Rodrigue
ASMC Certification Director
30 March 2017

2. Agenda Annual Survey Overview ASMC Overview and Update
Membership Overview
CDFM Program Update
ASMC 2017 PDI and 2016 Virtual PDI

3. ASMC 2016 Survey

4. Survey History Historical context and trends assessments
Trends included:
People and Talent Management
Fiscal Constraint and Budget Uncertainty
Audits and Sustainability
Information Technology Modernization

5. Survey History

6. ASMC 2016 Survey
14th year of gauging opinions of trends, challenges and prospects in financial management.
The Defense financial management community includes individuals from the Office of the Secretary of Defense, the five armed services, combatant commands, Department of Defense (DoD) agencies, and field operations.

7. 2016 Survey Importance 2016 Survey is Key New Administration
Transition from audit readiness to actual audit of the SBA
Moving into Full Financial Statement Audits
Financial Managers in the spotlight
Because of these unique circumstances,
there was a second approach used.
The final survey report reflects the combined responses.

8. Where do you spend your Time?

9. People & Talent Management
Retirements
Filling Positions
Training/DoD FM Certification Program
44% Yes
30% No
25% Undecided

10. Fiscal Constraints and Budget Instability
Fiscal Uncertainty: the impact of things like government shutdowns and unknown budget numbers.
Instability in budget process cycle
Budget process not responsive
CRs have become the norm
No focus on longer, multi-year efforts; Robbing Peter to pay Paul

11. Audits and Sustainability
Audit prep distracts from budget prep and the primary mission of the financial community: ensuring men and women in the field are adequately resources.
Satisfied with quality of training in prep for SBR audits?
54% Satisfied, 46% More to be done
Command-level responded they received limited or no training
“Audit made my organization better because “
“Better internal controls, reduction in legacy IT systems”
“Better business processes and efficiencies”
“Individuals and becoming and feeling more accountable Leaders are coming to the table and listening . . .”

12. Lessons learned from past IT implementations
IT Modernization
“What impact did implementation of ERPs in your respective Components have on workload?”
20% said ERPs helped reduce workload
15% said they actually increased it
20% said there was no change
44% said they did not know
Lessons learned from past IT implementations
“A lot of trial and error; timelines always slipped”
“We needed to rely on legacy systems in order to use classified data”
“There was not enough training as we transitioned to the new system”
“Standardizing business processes before transitioning is key”

13. Lessons Learned Rely on Financial Management Workforce.
Human Capital issues will be your number on challenge.
Focus on Finishing IT Modernization.
Simplify the Budget Process.
Show Early Support for Auditability.

14. Serves DoD and US Coast Guard FMers
ASMC
Non-profit founded 1948
Serves DoD and US Coast Guard FMers
17,400 members
120 chapters
60 corporate members

15. ASMC Offers AFC Chapter-level PD Regional & National PDIs Virtual PDI
National Awards Program
Scholarship Program

16. About the Buckeye Chapter
How many Chapter members?
Total = 302
JUN 2016
JUL 2016
AUG 2016
SEP 2016
OCT 2016
NOV 2016
DEC 2016
JAN 2017
FEB 2017
DIFF JUN-FEB
% DIFF
293
295
289
297
286
298
294
302 9
3.1%

17. More About the Buckeye Chapter
How many Chapter members
have obtained their CDFM ?
Total = 85 CDFMs
have obtained their CDFM-A?
Total = 11 CDFM-As

18. Active CDFMs (1 Mar 2017) 7,357 CDFMs (1,777 CDFM-A’s)
# of CDFM’s % of CDFM’s
Army 2, %
Air Force 1, %
Navy %
Private Sector %
DFAS %
USMC %
USCG %

20. What is the CDFM? Certified Defense Financial Manager
Professional, test-based certification awarded by ASMC

21. CDFM with Acquisition Specialty
What is the CDFM-A?
CDFM with Acquisition Specialty
CDFM + pass Mod 4 Exam

22. CDFM / DFMCP CDFM DFMCP ASMC DoD Test-based Training-based
Voluntary Mandatory

23. DoD Recognized Test-Based Certifications
Accredited Business Accountant (ABA)
Accredited in Business Valuation (ABV)
Certified Accounts Payable Professional (CAPP)
Certified Business Manager (CBM)
Certified Cost Consultant (CCC)
Certified Cost Estimator/Analyst (CCE/A)
Certified Defense Financial Manager (CDFM)
Certified Forensic Accountant (Cr.FA)
Certified Fraud Examiner (CFE)
Certified Government Audit Professional (CGAP)
Certified Government Financial Manager (CGFM)
Certified in Financial Forensics (CFF)
Certified Information Systems Auditor (CISA)
Certified Internal Auditor (CIA)
Certified Management Accountant (CMA)
Certified Payroll Professional (CPP)
Certified Public Accountant (CPA)
Certified Quality Auditor (CQA)
Certified Treasury Professional (CTP)
Forensic Certified Public Accountant (FCPA)

24. test-based certification
How is the CDFM unique?
Only professional
test-based certification
for DoD FMers

25. Exam Update Job Task Analysis Blueprint Update Item Writing
Item Review
Pilot Testing 
Cut Scores
New Exams

26. Competency Areas Government Resource Mgmt Environment
Business Mgmt Process Improvement
Manpower Mgmt
Finance
Personnel Mgmt
Accounting
Mgmt’s Responsibility for Internal Control
Auditing
Fiscal Law (Mods 1-3)
Defense Budget Process
Cost and Economic Analysis

27. Updated Blueprint Government Resource Mgmt Environment
Strategic Planning & Org Performance Mgmt Business Mgmt Process Improvement
Manpower Mgmt
Personnel Mgmt
Finance
Enterprise Risk Mgmt & Internal Controls Mgmt’s Responsibility for Internal Control
Accounting
Auditing (expanded)
Fiscal Law (Mods 1-3)
Defense Budget Process
Cost and Economic Analysis

28. Certification Process
Pledge
Prepare
Enroll
Purchase / Schedule
Take / Pass
Submit Experience Form

29. Cost Comparison Certified Defense Financial Manager (CDFM)
Enrollment $40/$75 (ASMC member/non-member)
Enrollment $75/$85
3 $99 each
Certified Public Accountant (CPA)
Application fee ranges from $50-$150 (established by Board of Accountancy)
4 average $200 each (fee depends on section of exam and jurisdiction)
Additional fee required for CPA license (issued at jurisdiction level)
Certified Government Financial Manager (CGFM)
Application $85
3 $109 each
Certified Public Finance Officer (CPFO)
5 $295 for first exam and $145 each for remaining four

30. Exam Preparation www.asmconline.org Candidate Handbook EDFMTC
Module Refreshers
Pre-PDI Courses
Study Groups
Self-Study

34. EDFMTC Centrally Funded A.C.E. CREDIT DFMCP Credits
CL1 8 hrs, CL2 32 hrs for direct
40 CET for recertification

35. Certification Level 1 Total Certification Level 2 Total
Enhanced Defense Financial Management Training Course FM MyLearn Course Description: FMF2512 Course Length: 40 hours
Aligned FM Competencies
Certification Level
Proficiency Level
Aligned Hours
Accounting Concepts, Policies and Principles 2 3 6
Audit Concepts, Policies and Principles
Budget Concepts, Policies and Principles 8
Budget Execution 5
Budget Formulation, Justification and Presentation 4
Decision Support 1
Financial Concepts, Policies and Principles
Financial Management Analysis
Fundamentals and Operations of Budget
Certification Level 1 Total
Certification Level 2 Total
8 Hours
32 Hours 35

36. PDI 2017 Catching the Wave: Audit Ready May 31 – June 2, 2017

37. ASMC PDI 2017 (May 31-June 2, 2017)
TRAINING & PROFESSIONAL DEVELOPMENT!!!
Host Chapter San Diego
Pre-PDI CDFM Training and CDFM Testing
Training Content:
6 General Sessions
Service Day (OSD, Army, Air Force, USCG)
Mini-courses & Workshops
2014 = 17 Mini-courses and 43 Workshops
2015 = 19 Mini-courses and 58 Workshops
2016 = 17 Mini-courses and 65 Workshops
2017 = 17 Mini-courses and 87 Workshops
Up to 21 CPEs/CETs
ASMC National Awards Program
Includes Access to Virtual PDI 2017

38. Virtual PDI 2016 17 Mini-Courses & 75 Workshops 100 CPEs
Individuals: $99 (Less than $1/CPE)
Chapters: $249
CPE management tool

39. We’re Here to Help Keep you informed Provide networking opportunities
Provide professional development
Provide leadership opportunities
Provide member benefits
Provide promotional materials 39

40. Contact the Certification Department
Contact Us
Contact the Certification Department
Judson Lineberger, Test Coordinator
L.J. Morris, Asst. Dir. of Certification
Phara Rodrigue, Dir. of Certification

41. Questions?