Preparing the Statement of Cash Flows

Date: 10/14/2024
Time: 12:00 PM - 2:00 PM EST
CPE Credit: 2 hours

Owners, managers, and third party users seek information about the financial position, results of operations, and cash flow. For many non-accountants, the statement of cash flows is easier to understand than other basic financial statements. Yet, many accountants shy away from preparing the statement of cash flows. This webcast helps alleviate those fears and provides guidance on the steps to preparing a statement of cash flows effectively and efficiently.

Topics Covered

• Format, objectives purpose, and source of statement
• Classifying investing, financing, and operating activities
• Direct vs. indirect methods of preparing operating activities

Learning Objectives:

• Identify the major classifications of cash flows
• Contrast the direct and indirect methods of calculating net cash flows from operating activities
• Prepare a statement of cash flows
• Identify sources of information for a statement of cash flows