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GAQM CFM-001 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting – Receivables and Payables | - Accounts Receivable - Notes Receivable and Payable - Current Liabilities - Uncollectable Accounts |
| Measuring and Reporting Inventory | - Inventory Costing Methods - Inventory Cost Determination - Inventory Costing Pros & Cons |
| Accounting – Control and Monitoring of Cash | - Cash Control Procedures - Bank Reconciliation - Petty Cash Management |
| Adjustments for Financial Reporting | - Deferred Items and Depreciation - Accrual vs Cash Basis Accounting - Types of Adjusting Entries |
| Accounting | - Debits and Credits - Risk Identification - The Accounting Cycle - Introduction to Accounting - Key Financial Reports - Budgeting Basics - Financial Terms and Concepts - Financial Analysis Tools |
| Accounting – Merchandising Transactions | - Gross Selling Price - Classified Income Statement - Merchandising Transactions - Cost of Goods Sold |
| Accounting and Its Use in Business Decisions | - Short-Term Financing and Insurance - Impact of Transactions - Financial Statement Analysis - Accounting Environment |
| Budgets and Managing Money | - Budgeting Process and Components - Investment Opportunity Comparison - Fundamentals of Finance - Budget Monitoring and Management |
