The Statement of Cash Flows ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
Creating the statement of cash flows can be a daunting task for many professionals, as it is often regarded as the most challenging of the financial statements to prepare. This course directly addresses this problem by meticulously defining each line item in the statement, illustrating the different allowable presentation forms, and guiding through the assembly process. It agitates the issue by acknowledging the complexity and the myriad of special situations that can complicate its preparation. As a solution, the course simplifies this task, providing a clear, step-by-step approach to accurately compiling the statement of cash flows, including handling acquisitions and foreign currency events. Additionally, it offers valuable insights into key cash flow analyses and interpretation techniques, making this course essential for those who aim to master the preparation of this crucial financial statement.
Highlights
Statement of cash flow. Cash flow analysis.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify the classifications used within the statement of cash flows. Note the differences between the direct and indirect methods of presentation. Recognize the concepts of grouping and clustering information in the statement of cash flows. Note the origins of the information appearing in the statement of cash flows. Identify the treatment of acquisitions and foreign currency events in the statement of cash flows. Recognize the calculations used to compile ratios related to cash flows and the situations in which these measurements are most useful.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $33.00
Member Price $29.00