Exam Name: Certified Finance Manager (CFM)
Certification Provider: GAQM
Corresponding Certification: GAQM: Finance And Accounting
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GAQM CFM-001 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Adjustments for Financial Reporting | - Deferred Items and Depreciation - Accrual vs Cash Basis Accounting - Types of Adjusting Entries |
| Topic 2: Measuring and Reporting Inventory | - Inventory Cost Determination - Inventory Costing Methods - Inventory Costing Pros & Cons |
| Topic 3: Accounting | - Key Financial Reports - Financial Terms and Concepts - The Accounting Cycle - Financial Analysis Tools - Debits and Credits - Budgeting Basics - Risk Identification - Introduction to Accounting |
| Topic 4: Budgets and Managing Money | - Budget Monitoring and Management - Investment Opportunity Comparison - Fundamentals of Finance - Budgeting Process and Components |
| Topic 5: Accounting – Receivables and Payables | - Accounts Receivable - Uncollectable Accounts - Notes Receivable and Payable - Current Liabilities |
| Topic 6: Accounting – Control and Monitoring of Cash | - Petty Cash Management - Cash Control Procedures - Bank Reconciliation |
| Topic 7: Accounting and Its Use in Business Decisions | - Accounting Environment - Impact of Transactions - Short-Term Financing and Insurance - Financial Statement Analysis |
| Topic 8: Accounting – Merchandising Transactions | - Gross Selling Price - Classified Income Statement - Merchandising Transactions - Cost of Goods Sold |
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