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

CPFA-001 Exam Questions
  • Exam Code: CPFA-001
  • Exam Name: Certified Professional Financial Accountant (CPFA)
  • Updated: Sep 08, 2026
  • Q & A: 0 Questions and Answers

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GAQM CPFA-001 Exam Syllabus Topics:

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

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