Cash flows are vital to a company's financial health. The statement of cash flows provides useful information to management, investors, creditors, and other interested parties, presenting the effects on cash of all significant operating, investing, and financing activities. It is required as part of a full set of financial statements. This course discusses cash flow reporting, presentation, and disclosure requirements of ASC 230, Statement of Cash Flows. It also provides examples to illustrate the application.
Course Publication Date:
August 18, 2022
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$30.00!
| Author: | Delta CPE |
| Course No: | ACT-CASHFLOWS-4612 |
| Recommended CPE: | 3.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Basic |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Accounting
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Learning Objectives
- Recognize the use of and the objectives for a statement of cash flows.
- Identify how different cash variables (e.g., operating, investing, financing) affect the cash flows.
- Identify differences between the direct method the indirect method.
- Recognize how changes in asset and debt accounts affect the cash flows.
- Identify the presentation and disclosure requirements.