GAQM Certified Professional Financial Accountant (CPFA) CPFA-001 Certified Exam Dumps

CPFA-001 Exam Dumps

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Certification Provider: GAQM
Exam Code / Number: CPFA-001
Exam Name: Certified Professional Financial Accountant (CPFA)
Exam Questions: 0
Corresponding Certification: GAQM: Finance And Accounting

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The CPFA-001 exam is administered by the Global Association for Quality Management (GAQM), a leading international organization that offers certification programs in various fields, including finance and accounting. GAQM is known for its rigorous certification standards, and the CPFA-001 exam is no exception. CPFA-001 exam is challenging and requires candidates to have an in-depth understanding of financial accounting concepts and practices.

The Certified Professional Financial Accountant (CPFA) certification exam is designed to evaluate the knowledge and skills of individuals in the field of financial accounting. The CPFA credential is offered by the Global Association for Quality Management (GAQM), which is a leading provider of international certifications in various fields, including finance and accounting. The CPFA certification exam covers a wide range of topics, including financial accounting concepts, financial statements, financial analysis, and budgeting. It is intended for individuals who are seeking to enhance their knowledge and skills in financial accounting and wish to demonstrate their expertise to employers and clients.

GAQM CPFA-001 Exam Syllabus Topics:

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


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