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GAQM CPAM-001 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounting Theory and Business Decisions- Financial Accounting Foundations
  • 1. Accounting Process
    • 2. Equity and Dividends
      • 3. Accounting Environment
        • 4. Financial Statements
          Topic 2: Receivables and Payables- Short-Term Financial Accounts
          • 1. Notes Receivable and Payable
            • 2. Accounts Receivable
              • 3. Uncollectible Accounts
                • 4. Write-offs and Recoveries
                  • 5. Current Liabilities
                    Topic 3: Financial Topics- Finance and Business Essentials
                    • 1. Credit and Debt Management
                      • 2. Money Management
                        • 3. Taxation
                          • 4. Stocks and Bonds
                            • 5. Insurance and Protection
                              Topic 4: Measuring and Reporting Inventory- Inventory Accounting Methods
                              • 1. Inventory Costing Methods
                                • 2. Inventory Measurement Basis
                                  • 3. Determining Inventory Costs
                                    • 4. Journal Entries for Perpetual Inventory
                                      • 5. Merchandise Inventory
                                        Topic 5: Recording Business Transactions- Double Entry System
                                        • 1. Accounting Cycle
                                          • 2. Ledger Accounts
                                            • 3. Debit and Credit Rules
                                              Topic 6: Accounting Cycle Completion- Financial Statement Preparation
                                              • 1. Closing Process
                                                • 2. Financial Analysis
                                                  • 3. Work Sheet Preparation
                                                    • 4. Classified Balance Sheet
                                                      Topic 7: Adjustments for Financial Reporting- Accounting Adjustments
                                                      • 1. Adjusting Entries
                                                        • 2. Depreciation Adjustments
                                                          • 3. Deferred Expenses
                                                            • 4. Cash vs Accrual Accounting
                                                              • 5. Accrued Items
                                                                Topic 8: Accounting Theory- Principles and Standards
                                                                • 1. Elements of Financial Statements
                                                                  • 2. Financial Reporting Objectives
                                                                    • 3. Accounting Principles
                                                                      Topic 9: Cash Control and Monitoring- Cash Management Systems
                                                                      • 1. Petty Cash Fund
                                                                        • 2. Bank Reconciliation
                                                                          • 3. Control of Cash
                                                                            • 4. Internal Controls
                                                                              Topic 10: Accounting - Merchandising Transactions- Core Merchandising Concepts
                                                                              • 1. Cost of Goods Sold
                                                                                • 2. Merchandising Transactions
                                                                                  • 3. Classified Income Statement
                                                                                    • 4. Gross Selling Price
                                                                                      • 5. Returns and Allowances

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