4.0 CPE This course provides an overview of the statement of cash flows, one of the most important, if not the most important, financial statements prepared by an entity, as well as other key financial statement disclosure topics. Chapter 1 focuses on cash flow reporting and Chapter 2 focuses on disclosure requirements related to revenue recognition, leasing, business combinations, CECL, and segments. While there may not be direct linkage among cash flow and these disclosure topics, this course is intended to provide an overview of several of the key areas.
Learning Objectives
- Explore and list the different methods used for presenting the statement of cash flows.
- Discover and 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.
- Identify disclosure requirements related to revenue from contracts with customers.
- Recognize both qualitative and quantitative disclosure requirements for both lessees and lessors.
- Identify disclosures related to business combination transactions.
- Recognize disclosure requirements based on the CECL standard.
- Discover and differentiate between disclosures for reportable segments vs. entity-wide.
Last updated/reviewed: March 28, 2024
24 Reviews (135 ratings)
Reviews
Anonymous
(Owner & CEO)
The course covered a lot of common and important disclosure topics for entities to remember with respect to the statement of cash flows and various other financial statement footnote requirements.
Anonymous
()
Great course - really forced me to take a step back and think through the cash flow statement and how and why different items are classified as they are.
Helen Clifford
(SEC Reporting Senior Manager at Iron Mountain)
This was very informative, thorough, and presented in an easy to reference prose with great examples and insights. Very much appreciated, thank you!
James Chuang
(Compliance Officer at Silverton Casino Hotel)
Fantastic and detailed course on the components of the statement of cash flows reporting and relevant disclosures. Many examples and applications.
Thomas Tyra
(Director at Graphite Financial)
A great comprehensive overview of the SCF. Anyone who has to prepare Statements of Cash Flows and their disclosures will find something helpful.
Anonymous
(Controller)
Well presented and organized. Character minimum. Character minimum. Character minimum. Character minimum. Character minimum. Character minimum.
Anonymous
()
This course has a lot of useful information that is presented clearly. The examples are helpful and the information is orgnanized well.
Anonymous
()
Very thorough discussion of required disclosures for CECL, Rev Rec, Leasing, Business Combos and Segment Reporting. Good course.
Anonymous
(Accounting Manager)
Very good course that explained common and uncommon business transactions and how to reflect them on the cash flow statement.
Susan Nielsen
( at MasterControl)
A helpful review of the cash flow and other financial statement disclosure topics! Thanks for the thorough summary.
Anonymous
()
Extensive but detailed information regarding examples of exceptions in cash flows and other disclosures .
Anonymous
()
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Anonymous
(Senior Accountant)
There were many typos and errors in the document. However, the information presented made sense.
Anonymous
()
Great course & information. Final exam was challenging but covered a lot of interesting topics.
Anonymous
()
this course was informative and to the point with heavy emphasis on SCF classifications.
Anonymous
()
Liked that this was a text-based course given the amount of detailed information.
Anonymous
()
This was a helpful review of the cash flow statement requirements. Thank you.
Anonymous
()
A lot of information covered in this which provides a lot of good insight.
Averey Smith
( at Pendo)
This course provides a lot of good information regarding SEC disclosures
John Kim
(Accountant at Pepsico, Inc.)
The material is very helpful and easy to follow. It's a great course.
Melissa Embry
( at TDI Fleet Services)
very good course, good presentation and pertinent information
Anonymous
(Assistant Controller)
Great course for an overview of financial statements.
Anonymous
()
Great information on financial statement disclosures.
Anonymous
()
I really liked the level of detail in this course.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Kelen CamehlCPA, MBA
About Illumeo
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- Email: info@illumeo.com
- Phone: 408-400-3993
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- Av #221, Campbell, CA 95008
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