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GAQM CPAM-001 Exam Syllabus Topics:

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

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