CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study

Overview of the Statement of Cash Flows

Learn cash flow statement fundamentals with indirect method examples based on ASC 230 requirements.

Individual
Teams

$29.00$49.00

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CPE Credits

1 Credits: Accounting
Course Level
Overview
Format
Self-Study

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

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Learning Objectives

Upon successful completion of this course, participants 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
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Course Specifics

Course ID
122297357
Revision Date
September 9, 2022
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Number of Pages
39

Compliance Information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s Journal of Accountancy. Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP. Prior to HP, he served in multiple …