How Cash Flow Classification Can Mislead Financial Statement Users ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
This course walks through common ways companies can influence reported cash flow through classification decisions. It focuses on practices such as presenting financing inflows as operating cash flows, factoring receivables, and using supplier finance programs. Along the way, it shows how these choices can change reported operating cash flow and liquidity measures, and why those changes matter when analyzing the financial statements.
Highlights
Influencing cash flows. Presenting financing inflows. Analyzing financial statements.
Prerequisites
None.
Designed For
Auditors, CPAs, CEOs, and other accounting professionals.
Objectives
Identify ways cash flows can be misclassified to inflate operating cash flow. Recognize the impact of reclassifying financing activities on liquidity metrics. Differentiate between legitimate and manipulative classification of receivables and supplier finance. Determine how classification choices affect financial statement analysis.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Kelen Camehl, Western CPE
Kelen is a recognized author and reviewer of CPE courses and has authored over 85 courses (225+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen has also remained involved in CPA exam content development for nearly 10 years and has authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”.
Kelen has over 15 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Consultant with HP, Inc. in Dallas, TX. Most recently he was located in Budapest, Hungary on a three-year international assignment and served in the company’s Houston, TX location prior to this assignment. Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.
Non-Member Price $33.00
Member Price $29.00