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| Certification Vendor: | Global Association for Quality Management (GAQM) |
|---|---|
| Exam Name: | Certified Professional Accountant Manager (CPAM) |
| Exam Number: | CPAM-001 |
| Real Exam Qty: | 50 |
| Available Languages: | English |
| Certificate Validity Period: | Lifetime |
| Passing Score: | 70% |
| Exam Price: | 190 USD |
| Exam Duration: | 60 minutes |
| Exam Format: | AI-proctored online exam, Multiple Choice Questions (MCQs) |
| Exam Way: | Online AI-proctored exam |
| Pre Condition: | None (no prerequisites) |
| Official Syllabus URL: | https://gaqm.org/certifications/finance_accounting/cpam |
| Section | Objectives |
|---|---|
| Topic 1: Measuring and Reporting Inventory | - Determining Inventory Costs - Four Inventory Costing Methods - Departures from Cost Basis for Inventory Measurement - Pro's and Con's of the Four Costing Methods - Merchandise Inventory - Journal Entries for the Perpetual Inventory Procedure |
| Topic 2: Completing the Accounting Cycle | - A Classified Balance Sheet - Analysis–Current Ratio - Accounting Systems: From Manual to Computerized - The Work Sheet - Preparation of Financial Statements from the Work Sheet - The Closing Process |
| Topic 3: Accounting – Receivables and Payables | - Write-offs and Recoveries - Uncollectable Accounts - Short Term Financing through Notes Payable - Accounts Receivable - Notes Receivable and Notes Payable - Current Liabilities |
| Topic 4: Accounting – Control and Monitoring of Cash | - Petty Cash Fund - Internal Controls - Controlling Cash - Control of Cash - Bank Reconciliation - The Bank Checking Account |
| Topic 5: Financial Topics | - Checking Accounts - Insurance and Protection - Money Management - Summary - Foundation 1 - Employee Benefits - Inflation - Foundation 2 - Employee Wages - Emergency Fund - Taxation - Homeowners Insurance - Foundation 3 - Stock and Commodities Markets - Shares and Bonds - Comparison with Cash Management - Short Term Savings - Credit - Matching Product - Managing Debt |
| Topic 6: Adjustments for Financial Reporting | - Adjustments for Deferred Items – Expenses - Adjustments for Accrued Items - Classes and Types of Adjusting Entries - Adjustments for Deferred Items – Depreciation - Cash versus Accrual Basis Accounting |
| Topic 7: Recording Business Transactions in Accounting | - Recording the Transactions - The Accounting Process in Operation - The Account and Rules of Debit and Credit - Analyzing and Using the Financial Results - The Accounting Cycle - The Use of Ledger Accounts |
| Topic 8: Accounting Theory | - Major Principles - Modifying Conventions - Objectives of Financial Statements - Basic Elements of Financial Statements - Traditional Accounting Theory |
| Topic 9: Accounting and Its Use in Business Decisions | - Accounting Defined - How Transactions Affect Income Statements and Balance Sheets - Dividends and Equity Ratios - Corporate versus Sole Proprietorship or Partnership Accounting - The Financial Accounting Process - Overview of Accounting - The Accounting Environment - Financial Statements of Business Organizations |
| Topic 10: Accounting – Merchandising Transactions | - Merchandising Transactions - Gross Selling Price - Classified Income Statement - Cost of Goods Sold - Returns and Allowances |
Currency is maintained daily, not occasionally. Our IT staff reviews and updates the GAQM Certified Professional Accountant Manager (CPAM) question bank every day to keep it aligned with the live CPAM-001 exam. If a revision is underway when you buy or during your update period, we notify you and send the updated version as soon as it is ready — free within your 365 days of updates. You will never be left studying a stale edition without knowing it.
The CPAM-001 exam is the official assessment behind the GAQM Certified Professional Accountant Manager (CPAM) certification from GAQM, and its pass rate is genuinely low — many candidates need two or three attempts to get through. The difficulty is real, but it is also manageable: candidates who prepare with material aligned to the published objectives give themselves a far better starting position than those who walk in underprepared.
The official outline divides the CPAM-001 exam into weighted domains, including:
The GAQM Certified Professional Accountant Manager (CPAM) question bank at PracticeDump is updated daily against these same objectives, and the free practice test lets you sample that alignment yourself.
Only while you want us to. Update notifications about the GAQM Certified Professional Accountant Manager (CPAM) materials are sent because they are useful; once you have passed the CPAM-001 exam, one email to our team opts you out completely — no junk mail, ever. Your personal information is kept secret and safe throughout, and never shared with third parties.
Passing the CPAM-001 exam requires 70%, and registration costs 190 USD — per attempt. With retakes so common on this exam, preparing properly for one focused attempt is the choice that protects your budget.
The CPAM-001 exam contains 50 questions with 60 minutes minutes to complete them. Practicing under the same time limit is the reliable way to make exam-day pacing feel familiar rather than frantic.
None (no prerequisites)
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