Description:

This course will allow you to get reacquainted with the statement of cash flows. We will refresher your skills regarding both the preparation and utilization of the statement of cash flows. Significant emphasis will be placed on the informational role of the statement of cash flows and insights that can be obtained using the statement of cash flows in concert with the other elements of a company's accrual-basis financial statements.

Learning Objectives:

After attending the presentation you will be able to...

• Recall major elements of the statement of cash flows
• Identify the two broad methods for preparing the statement of cash flows
• Perform certain calculations for preparing both the indirect and direct statements of cash flows
• Use the statement of cash flows as part of financial statement analysis

Program Content:

The major topics that will be covered in this class include:

• Preparation of the statement of cash flows
• Importance of identifying sources and uses of cash in financial reporting
• Financial statement analysis
• Cash-related financial statement disclosures

Who should attend: CPAs in public practice or members in industry who desire a renewed perspective regarding the statement of cash flows.

Developed By: Chris Harper, CPA

Instructor: Chris Harper

CPE Credit: 2.0

Field of Study: Accounting 

Prerequisites: Basic working knowledge of financial statements

Advanced Preparation: None

Format: QAS Self Study