Reinforce what you already know about the statement of cash flows with industry-specific examples and issues. Review statement of cash flows preparation and presentation options, improve cash flow analysis. Explore the requirements of the Statement of Cash Flows guidance and related standards, and learn how to make appropriate classifications of transactions and events. Special attention is given to contrasting the direct and indirect methods of presenting operating cash flow information.
Scope and use of statement of cash flows
Presentation requirements and issues
Operating section options and reporting issues
Cash equivalents—issues and examples
Reporting for not-for-profit and financial institutions
Reporting for governmental entities
Ongoing developments and proposed changes
Statement of cash flow worksheets
When you complete this course, you will be able to:
Identify the requirements of the Statement of Cash Flows guidance and related standards.
Make appropriate classifications of transactions.
Answer typical technical questions that may arise relating to cash equivalents, net presentation, and noncash transactions.