2024 Listening to the Statement of Cash Flows

Overview

This course will allow you to get reacquainted with the statement of cash flows. We will refresh your skills regarding both the preparation and utilization of the statement of cash flows. Significant emphasis will be placed on the informational role of the statement of cash flows and insights that can be obtained using the statement of cash flows in concert with the other elements of a company’s accrual-basis financial statements.

Highlights

• Preparation of the statement of cash flows
• Importance of identifying sources and uses of cash in financial reporting
• Financial statement analysis
• Cash-related financial statement disclosures

Prerequisites

Basic working knowledge of financial statements

Designed For

CPAs in public practice or members in industry who desire a renewed perspective regarding the statement of cash flows

Objectives

• Recall major elements of the statement of cash flows
• Identify the two broad methods for preparing the statement of cash flows
• Perform certain calculations for preparing both the indirect and direct statements of cash flows
• Use the statement of cash flows as part of financial statement analysis

Preparation

None

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).