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




