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
  • Identify 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.
Last updated/reviewed: March 6, 2024
7 Reviews (36 ratings)

Reviews

5
Anonymous Author
Being unfamiliar with the text based format of this course, I found it to be quite informative. I will probably use the downloaded PDF as a future reference.
5
Anonymous Author
Sometimes, it's easier to read than it is to follow a presentation. This was a nice break from videos all day.
4
Anonymous Author
Very good reference materials that are on point as it relates to introducing the Statement of Cash Flow.
5
Anonymous Author
Thorough review of which transctions belong in which of the three sections of the cash flow stament,
4
Anonymous Author
Good course to refresh on the SOCF concepts. Easy course to follow as well.
4
Member's Profile
Good course for guidance on overall cashflow statement presentation
5
Anonymous Author
Good overview of the requirements for the statement of cash flows.
Prerequisites
Course Complexity: Foundational
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 .
Instructor for this course
  Course Overview CPE
Course Syllabus
COURSE MATERIAL
  Overview of the Statement of Cash Flows (Text Based Course)PDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam