Statement of Cash Flows: Reporting and Analysis – 2.5 hrs. CPE
Cash flows are vital to a company’s financial health. The statement of cash flows provides useful information to management, investors, creditors, and other interested parties, presenting the effects on cash of all significant operating, investing, and financing activities. It is required as part of a full set of financial statements. This course discusses cash flow reporting, presentation, and disclosure requirements of ASC 230, Statement of Cash Flows. It also provides examples to illustrate the application.
Course Information
Course No. 7075
Format: Online pdf (68 pages). Printed book available.
Prerequisites: Basic accounting
Advance Preparation:None
Level: Basic to Intermediate
CPE Credit: 2.5 hrs.
Field of Study: Accounting
Course expiration: You have one year from date of purchase to complete the course.
Course Revision Date: April 2022
Objectives
Upon completion of this course you will be able to:
- Recognize the use of and the objectives for a statement of cash flows
- Identify how different cash variables (e.g., operating, investing, financing) affect the cash flows
- Identify differences between the direct method the indirect method
- Recognize how changes in asset and debt accounts affect the cash flows
- Identify the presentation and disclosure requirements
Good refresher for Statement of Cash Flows and supplementary information