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GAQM CPFA-001 Certification Exam is recognized by employers and financial institutions worldwide. Candidates who hold this credential are in high demand and can expect to earn a premium salary package. The CPFA-001 Certification Exam is an opportunity for financial professionals to sharpen their skills, validate their knowledge and experience, and take their career to the next level.

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As the talent competition increases in the labor market, it has become an accepted fact that the CPFA-001 certification has become an essential part for a lot of people, especial these people who are looking for a good job, because the certification can help more and more people receive the renewed attention from the leader of many big companies. So it is very important for a lot of people to gain the GAQM certification. We must pay more attention to the certification and try our best to gain the GAQM certification. First of all, you are bound to choose the best and most suitable study materials for yourself to help you prepare for your exam. Now we would like to introduce the CPFA-001 certification guide from our company to you. We sincerely hope that our study materials will help you through problems in a short time.

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The CPFA certification exam is ideal for individuals who wish to pursue a career in accounting, finance, banking, or taxation. It is also suitable for those who are already working in the finance industry and wish to enhance their skills and knowledge. Certified Professional Financial Accountant (CPFA) certification exam is challenging and requires a significant amount of preparation, but it is well worth the effort. It is an excellent way for financial professionals to distinguish themselves from their peers and demonstrate their commitment to their profession.

GAQM CPFA-001 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounting - Receivables and Payables- Receivables and Liabilities
  • 1. Short-Term Financing Through Notes Payable
  • 2. Notes Receivable and Notes Payable
  • 3. Uncollectable Accounts
  • 4. Write-offs and Recoveries
  • 5. Accounts Receivable
  • 6. Current Liabilities
Topic 2: Measuring and Reporting Inventory- Inventory Management
  • 1. Advantages and Disadvantages of Inventory Costing Methods
  • 2. Departures from Cost Basis for Inventory Measurement
  • 3. Four Inventory Costing Methods
  • 4. Merchandise Inventory
  • 5. Determining Inventory Costs
  • 6. Journal Entries for Perpetual Inventory Procedure
Topic 3: Accounting and Its Use in Business Decisions- Business Accounting Fundamentals
  • 1. The Financial Accounting Process
  • 2. Accounting Defined
  • 3. The Accounting Environment
  • 4. Overview of Accounting
  • 5. Financial Statements of Business Organizations
  • 6. How Transactions Affect Income Statements and Balance Sheets
  • 7. Dividends and Equity Ratios
Topic 4: Accounting - Merchandising Transactions- Merchandising Transactions
  • 1. Gross Selling Price
  • 2. Returns and Allowances
  • 3. Cost of Goods Sold
  • 4. Classified Income Statement
Topic 5: Accounting - Control and Monitoring of Cash Assessment- Cash Control
  • 1. Bank Reconciliation
  • 2. Bank Checking Account
  • 3. Internal Controls
  • 4. Control of Cash
  • 5. Petty Cash Fund
  • 6. Controlling Cash
Topic 6: Adjustments for Financial Reporting- Adjusting Entries
  • 1. Adjustments for Accrued Items
  • 2. Adjustments for Deferred Expenses
  • 3. Depreciation Adjustments
  • 4. Cash versus Accrual Basis Accounting
  • 5. Classes and Types of Adjusting Entries

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