Overview of the Statement of Cash Flows

Course Description:

This course provides a basic overview of the statement of cash flows.  This includes a discussion of the method of presentation, the classification of various cash inflows and cash outflows, as well as an illustrative example of the indirect method of presentation.  The accounting requirements with respect to the statement of cash flows is prescribed within ASC Topic No. 230.

Learning Objectives:

Upon completion of this course, you will be able to:

List the different methods used for presenting the statement of cash flows

Differentiate between operating, financing, and investing activities in the statement of cash flows

Recognize how a statement of cash flows is prepared using the indirect method

Revision Date:  8/29/22

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants : Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE

Click here to view cancellation and record retention policies