Mastering Cash Flow Statements: From Basics to Best Practices ON DEMAND

Overview

The statement of cash flows is an important financial statement as it offers a detailed account of a company’s cash inflows and outflows from operating, investing, and financing activities, helping stakeholders assess the firm’s liquidity, operational efficiency, and overall financial health. Megan Schoeps, Director in CFO Advisory with Wiss and Company, joins this segment to discuss the importance of the statement of cash flows. This includes discussion of the key sections of the statement of cash flows, working capital and non-cash considerations, cash flow ratios and metrics, as well as forecasting techniques.

Highlights

Automation for accountants. PCAOB standards. Strategic financial management. CFO decision making.

Prerequisites

None.

Designed For

CPAs and accountants.

Objectives

Recognize the importance of the statement of cash flows. Differentiate between the different sections of the statement of cash flows. Identify characteristics of cash and cash equivalents. Recognize best practices when performing cash flow forecasting.

Preparation

None.

Notice

None.