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GAQM CPFA-001 : Certified Professional Financial Accountant (CPFA)

CPFA-001

Exam Code: CPFA-001

Exam Name: Certified Professional Financial Accountant (CPFA)

Updated: Aug 08, 2026

Q & A: 0 Questions and Answers

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GAQM CPFA-001 Exam Syllabus Topics:

SectionObjectives
Topic 1: Adjusting Entries and Financial Reporting- Accounting Adjustments
  • 1. Depreciation Adjustments
    • 2. Deferred Expenses and Revenues
      • 3. Accrual vs Cash Basis Accounting
        • 4. Accrued Items Adjustments
          Topic 2: Inventory Measurement and Reporting- Inventory Accounting
          • 1. Merchandise Inventory
            • 2. Inventory Valuation Adjustments
              • 3. Perpetual Inventory Journal Entries
                • 4. Inventory Cost Determination
                  • 5. Inventory Costing Methods
                    Topic 3: Financial Accounting and Business Decision Making- Financial Reporting
                    • 1. Business Organization Structures
                      • 2. Financial Statements
                        • 3. Accounting Process Overview
                          • 4. Equity and Dividend Concepts
                            Topic 4: Receivables and Payables- Short-Term Accounts
                            • 1. Notes Receivable and Payable
                              • 2. Uncollectible Accounts
                                • 3. Accounts Payable and Current Liabilities
                                  • 4. Accounts Receivable
                                    • 5. Write-offs and Recoveries
                                      Topic 5: Cash Control and Internal Systems- Cash Management
                                      • 1. Petty Cash Systems
                                        • 2. Bank Reconciliation
                                          • 3. Internal Controls
                                            Topic 6: Accounting Fundamentals and Merchandising Transactions- Merchandising Transactions
                                            • 1. Gross Selling Price
                                              • 2. Classified Income Statement
                                                • 3. Cost of Goods Sold
                                                  • 4. Returns and Allowances

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