Certified Professional Accountant Manager (CPAM)

Exam Code: CPAM-001

Add a new professional designation to your title, keep up on current trends, and challenge yourself to be the best in your field. An accountant prepares, analyzes, and maintains financial records. Accountants typically work for a company, managing that company’s finances. They might perform a variety of tasks, including managing a company’s payroll, taxes, and various other payments.

The demand for accountants is rising in all types of organizations and industries. Add a new professional designation to your title, keep up on current trends, and challenge yourself to be the best in your field. Open a new door in your accounting career and acquire knowledge and skills you can use in companies large and small, government offices or the nonprofit sector. The demand for accountants is rising in all types of organizations and industries.

Positions are available in a variety of industries, and can be found in firms, corporations, government, or nonprofit organizations. They might include Accountant, Auditor, Budget Analyst and Financial Manager

Course Outline

Module 1 – Accounting – Merchandising Transactions

Merchandising Transactions
Gross Selling Price
Returns and Allowances
Cost of Goods Sold
Classified Income Statement

Module 2 – Measuring and Reporting Inventory

Merchandise Inventory
Determining Inventory Costs
Four Inventory Costing Methods
Pro’s and Con’s of the Four Costing Methods
Journal Entries for the Peretual Inventory Procedure
Departures from Cost Basis for Inventory Measurement

Module 3 – Accounting – Control and Monitoring of Cash Assessment

Control of Cash
Internal Contols
Controling Cash
The Bank Checking Account
Bank Reconcilliation
Petty Cash Fund

Module 4 – Accounting – Receivables and Payables

Accounts Receivable
Uncollectable Accounts
Write-offs and Recoveries
Current Liabilities
Notes Receivable and Note Payable
Short Term Financing through Notes Payable

Module 5 – Adjustments for Financial Reporting

Cash versus Accrual Basis Accounting
Classes and Types of Adjusting Entries
Adjustments for Deferred Items – Expenses
Adjustments for Deferred Items – Depreciation
Adjustments for Accrued Items

Module 6 – Accounting and Its Use in Business Decisions

The Accounting Environment
Accounting Defined
Overview of Accounting
Financial Statements of Business Organizations
The Financial Accounting Process
How Transactions Affect Income Statements and Balance Sheets
Dividends and Equity Ratios
Corporate versus Sole Proprietorship or Partnership Accounting

Module 7 – Recording Business Transactions in Accounting

The Account and Rules of Debit and Credit
Recording the Transactions
The Accounting Cycle
The Accounting Process in Operation
Analyzing and Using the Financial Results
The Use of Ledger Accounts

Module 8 – Completing the Accounting Cycle

The Work Sheet
Preparation of Financial Statements from the Work Sheet
Accounting Systems: From Manual to Computerized
The Closing Process
A Classified Balance Sheet
Analysis-Current Ratio

Module 9 – Accounting Theory

Traditional Accounting Theory
Major Principles
Modifying Conventions
Objectives of Financial Statements
Basic Elements of Financial Statements

Module 10 – Financial Topics

Foundation 1
Foundation 2
Checking Accounts
Short Term Savings
Credit
Summary
Foundation 3
Money Management
Matching Product
Comparision with Cash Management
Emergency Fund
Managing Debt
Insurance and Protection
Employee Wages
Employee Benefits
Stock and Commodities Markets
Inflation
Homeowners Insurance
Taxation
Shares and Bonds

Target Audience

Individuals working in the financial services industry
Auditor
Budget Analyst
Financial Assistant
Financial Manager
Professional Accountant

Certified Professional Accountant Manager (CPAM)

Course Detail

Certified Professional Accountant Manager (CPAM)

Exam Code: CPAM-001

Course Outline

Module 1 – Accounting – Merchandising Transactions

Module 2 – Measuring and Reporting Inventory

Module 3 – Accounting – Control and Monitoring of Cash Assessment

Module 4 – Accounting – Receivables and Payables

Module 5 – Adjustments for Financial Reporting

Module 6 – Accounting and Its Use in Business Decisions

Module 7 – Recording Business Transactions in Accounting

Module 8 – Completing the Accounting Cycle

Module 9 – Accounting Theory

Module 10 – Financial Topics

Target Audience

Certified Secure Application Professional (CSAP)

Certified Software Testing Professional (CSTP)

Certified Advanced Selenium Testing Professional (CASTP)

Certified Software Testing Engineer (CSTE)