Overview
The statement of cash flows is one of the most important, if not the most important, financial statements prepared by an entity. Of particular focus on this statement is the cash flow from operations which presents the amount of cash an entity is generating from its core business operations.
This course provides an overview of the requirements for preparing a statement of cash flows and discusses many other key cash flow related topics in additional detail. The accounting requirements with respect to the statement of cash flows is prescribed within ASC Topic No. 230.
CPE Acceptance
CPE Course For:
CPAs in most states (chart)
Other Professionals (chart)
Not Valid For:
AFSP
EA
Tax Preparer
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Online Course Materials
Fully online PDF materials included in course.
Login to your course to read online / print / save to local drive
Materials include:
- Clickable table of contents
- Learning objectives--each section
- Review questions--each section
- Answers to review questions + explanations
- Glossary of terms used
- Worksheets, forms and examples
- Index with page numbers
* Fully searchable *
Details
Fun CPE Course #: KCX50322
Materials: Online materials
Format: Interactive self-study
Subject: Accounting
Exam questions: Final-10 multiple choice
Document length: 39 pages
Passing score: 70% | Unlimited retakes
Prerequisites: None
Advance prep: None
Course level: Overview
Last reviewed/updated: 09/09/22
Expiration: One year from enrollment
Learning objectives
Upon completion of this course, you should 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
- Identify cash flow classification for various types of transactions
- Recognize disclosures requirements with respect to cash flow transactions