Preparation and Presentation of the Statement of Cash Flows (PPCF)

Pre-requistes:

None

Knowledge Level:

Basic

Major Topics:

• Recent ASUs impacting the preparation of the statement of cash flows
• FASB ASC 230, Statement of Cash Flows
• The indirect and direct methods for preparing the operating section
• Operating activities, investing activities, and financing activities
• Disclosure requirements and issues

Learning Objectives:

• Prepare the statement of cash flows in accordance with U.S. GAAP
• Understand and apply the professional requirements and guidance for preparing a statement of cash flows found in FASB ASC 230, Statement of Cash Flows
• Identify and properly classify transactions and events on the statement of cash flows
• Review presentation and disclosure issues relating to the statement of cash flows

Designed For:

Accounting practitioners in public practice and business and industry involved in preparing the statement of cash flows; other financial professionals who review, analyze, and use the statement of cash flows including lenders, creditors, investors, and financial analysts