CPE: 4 hours
Category: Accounting & Auditing
Advanced prep: None
Who should attend: Practitioners and financial professionals involved in preparing financial statement
Top off your knowledge of the statement of cash flows. Review statement of cash flows preparation and presentation options and 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. This course introduces you to, and helps boil down, the intricacies of the overall cash flow statement and its three major sections.
When you complete this course you will be able to:
Presentation requirements and issues
Operating section options and reporting issues
Cash equivalents-issues and examples
Ongoing developments and proposed changes
Statement of cash flow worksheets
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.
Evaluate proposed changes from the FASB and IASB.