Not sure a study set is what you need? Download the free CPFA-001 demo from Getcertkey and review a sample of the GAQM Certified Professional Financial Accountant (CPFA) practice questions before you spend anything — the 2026 edition is ready to try today.
GAQM CPFA-001 Exam Overview:
| Certification Vendor: | Global Association for Quality Management (GAQM) |
|---|---|
| Exam Name: | Certified Professional Financial Accountant (CPFA) Exam |
| Exam Number: | CPFA-001 |
| Real Exam Qty: | 50 |
| Exam Format: | Multiple Choice Questions (MCQ), AI-proctored online |
| Exam Price: | Approx. $200–$300 USD |
| Certificate Validity Period: | Lifetime (no renewal required) |
| Passing Score: | 70% (35 out of 50) |
| Available Languages: | English |
| Exam Duration: | 60 minutes |
| Recommended Training: | GAQM Recommended E-Course |
| Exam Registration: | GAQM Official Registration |
| Exam Way: | Online AI-proctored exam, available anytime within 8 months of voucher purchase |
| Pre Condition: | No mandatory prerequisites; relevant accounting knowledge recommended |
| Official Syllabus URL: | https://gaqm.org/certifications/finance_accounting/cpfa |
GAQM CPFA-001 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Accounting - Merchandising Transactions | - Classified Income Statement - Gross Selling Price - Cost of Goods Sold - Sales Returns and Allowances |
| Topic 2: Receivables and Payables | - Current Liabilities - Uncollectible Accounts & Write-offs - Short-term Financing - Notes Receivable and Notes Payable - Accounts Receivable Management |
| Topic 3: Accounting and Business Decision Making | - Entity Types & Equity Reporting - Accounting Environment & Framework - Financial Statements Structure - Impact of Transactions on Statements |
| Topic 4: Control and Monitoring of Cash | - Bank Reconciliation - Internal Control Principles - Petty Cash Fund Management - Bank Checking Account Procedures |
| Topic 5: Adjustments for Financial Reporting | - Accrued Revenues & Expenses - Deferred Expenses & Depreciation - Adjusting Entries Classification - Cash vs Accrual Basis Accounting |
| Topic 6: Measuring and Reporting Inventory | - Four Inventory Costing Methods - Perpetual Inventory Entries - Determining Inventory Costs - Merchandise Inventory Basics - Lower of Cost or Market Rule |
GAQM Certified Professional Financial Accountant (CPFA) Exam FAQ: What Candidates Ask Most
What is the GAQM CPFA-001 exam?
The CPFA-001 exam is the official Global Association for Quality Management (GAQM) exam behind the Certified Professional Financial Accountant (CPFA) certification, validating the skills measured by the GAQM Certified Professional Financial Accountant (CPFA) credential. It sits at the Professional level of the Global Association for Quality Management (GAQM) certification program.
How many questions are on the CPFA-001 exam, and how much time do I get?
The CPFA-001 exam contains 50 questions to be completed within 60 minutes. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the Getcertkey test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.
What score do I need to pass the CPFA-001 exam, and what does it cost?
The passing score for the CPFA-001 exam is 70% (35 out of 50), and the official registration fee is Approx. $200–$300 USD. Retakes are not discounted — every new attempt means paying the full fee again — so it pays to measure yourself before you book. Work through the 0 practice questions on Getcertkey, sit a timed practice test, and schedule your exam only when your scores are consistently comfortable. That simple habit is the cheapest exam strategy there is.
Are there any prerequisites for the CPFA-001 exam?
No mandatory prerequisites; relevant accounting knowledge recommended Requirements can change when Global Association for Quality Management (GAQM) revises its certification program, so confirm the current eligibility rules on the official exam page before you register.
How do I register for the CPFA-001 exam?
You can book the GAQM Certified Professional Financial Accountant (CPFA) exam through the official registration channels below:
As for delivery, the exam is offered in the following format: Online AI-proctored exam, available anytime within 8 months of voucher purchase. Choose the option that suits you best when you book your seat.
What official training is recommended for the CPFA-001 exam?
Global Association for Quality Management (GAQM) recommends the following training resources for the GAQM Certified Professional Financial Accountant (CPFA) exam:
Official courses build the foundation; the 0 practice questions from Getcertkey then show you how that knowledge is examined, so the two work best together.
Can I try the CPFA-001 practice questions before I buy?
Yes. Getcertkey provides a free CPFA-001 PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if GAQM revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.
What if I fail the CPFA-001 exam, and how is my order delivered?
Every GAQM Certified Professional Financial Accountant (CPFA) purchase on Getcertkey is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.
Delivery is instant: your download is sent to your email within one minute of payment, with no limit on how many computers you may install the material on. If nothing arrives within two hours, check your spam folder and contact customer service for help.
What topics are covered in the CPFA-001 exam?
The GAQM Certified Professional Financial Accountant (CPFA) exam blueprint is organized into 6 domains. The first three are:
- Accounting - Merchandising Transactions
- Accounting and Business Decision Making
- Measuring and Reporting Inventory
For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.
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