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

CPFA-001 real exams

Exam Code: CPFA-001

Exam Name: Certified Professional Financial Accountant (CPFA)

Updated: Jul 28, 2026

Q & A: 0 Questions and Answers

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GAQM CPFA-001 Exam Syllabus Topics:

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

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