Statement of Cash Flows: Reporting and Analysis FLEXCAST
Available Until
Your Desk
3.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
In the realm of corporate finance, understanding and accurately reporting cash flows is crucial, yet often misunderstood or underemphasized. This course directly addresses this challenge by focusing on ASC 230, the Statement of Cash Flows, which is pivotal in showcasing a company’s financial health to management, investors, and creditors. It agitates the common difficulties faced in categorizing and presenting different types of cash variables - operating, investing, and financing - and their impact on a company’s cash position. The solution offered is a detailed exploration of cash flow reporting, including the nuances of the direct and indirect methods, and how changes in asset and debt accounts are reflected in the cash flows. Through practical examples, the course provides clarity on the presentation and disclosure requirements of ASC 230, equipping participants with the skills to prepare and analyze this essential financial statement accurately.
Highlights
Fundamentals of reporting and analysis. Gross vs. net cash flows. Preparation of cash flow statement.
Prerequisites
None.
Designed For
CPAs.
Objectives
Recognize the use of and the objectives for a statement of cash flows. Identify how different cash variables 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.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Non-Member Price $56.00
Member Price $49.00