Owners, managers, and third party users seek information about the financial position, results of operations, and cash flow. For many non-accountants, the statement of cash flows is easier to understand than other basic financial statements. Yet, many accountants shy away from preparing the statement of cash flows. This webcast helps alleviate those fears and provides guidance on the steps to preparing a statement of cash flows effectively and efficiently.
WHY SHOULD YOU ATTEND?
It is not only important to understand how to properly prepare the statement of cash flows but also to understand its importance to users of the financial statements. In a global economy where “cash is king”, an understanding of the questions answered by the statement is vital.
AREA COVERED
- Format, objective purpose, and source of statement
- Classifying investing, financing, and operating activities
- Direct versus indirect methods of preparing operating activities
LEARNING OBJECTIVES
- Identify the major classifications of cash flows
- Contrast the direct and indirect methods of calculating net cash flows from operating activities
- Prepare a statement of cash flows
- Identify sources of information for a statement of cash flows
WHO WILL BENEFIT?
- Accountants in public practice
- Executives of all entities; public, private, governmental, and not for profit
- Creditors
- Investors
- Risk managers
It is not only important to understand how to properly prepare the statement of cash flows but also to understand its importance to users of the financial statements. In a global economy where “cash is king”, an understanding of the questions answered by the statement is vital.
- Format, objective purpose, and source of statement
- Classifying investing, financing, and operating activities
- Direct versus indirect methods of preparing operating activities
- Identify the major classifications of cash flows
- Contrast the direct and indirect methods of calculating net cash flows from operating activities
- Prepare a statement of cash flows
- Identify sources of information for a statement of cash flows
- Accountants in public practice
- Executives of all entities; public, private, governmental, and not for profit
- Creditors
- Investors
- Risk managers
Speaker Profile
Candace Curry Leuck
Candace Curry Leuck is owner of Athena Finance Group, Inc. specializing in strategic planning, distressed entity recovery, valuations, and educational programs. Athena's mission is to pursue and communicate the information clients need. This is accomplished through a cooperative working relationship. Based on solid strategy, the outcome is an expansion of the opportunities of those served. Candace was associated with Ernst & Young in the tax and then auditing area, serving small, midsized and SEC clients during her tenure. She gained significant experience with various industries including manufacturers, automobile dealerships and securities brokers. Upon leaving Ernst & Young, Candace pursued and …
Upcoming Webinars
Controller Challenges in Changing Times: New Roles as Strat…
FDA Technology Modernization Action Plan (TMAP) and Impact …
Stress, Change And Team Resilience Through Humor: An Intera…
Excel Spreadsheets; Develop and Validate for 21 CFR Part 11…
How to Prepare For and Host a FDA Inspection and Respond to…
Sunshine Act Reporting - Clarification for Clinical Research
The Importance of the first 5 seconds when presenting
From Chaos To Calm: How to Eliminate Drama and Boost Workpl…
Complaint Handling and Management: From Receipt to Trending
Do's and Don'ts of Documenting Employee Behaviour, Performa…
Managing Toxic Employees: Strategies For Leaders To Effecti…
ChatGPT Unlocked: A Beginner’s Guide to AI and ChatGPT
Understanding Artificial Intelligence (AI) and the Incredib…
6-Hour Virtual Boot Camp on Microsoft Power BI
Onboarding is NOT Orientation - How to Improve the New Empl…
The Monte Carlo Simulations in Excel for Risky Investments
ChatGPT and Project Management: Leveraging AI for Project M…
Project Management for administrative professionals
Workplace Investigations 101: How to Conduct your Investiga…
Transform Data into Insights: A Beginners Guide to Excel Pi…
Harassment, Bullying, Gossip, Confrontational and Disruptiv…
Construction Lending And Real Credit Administration: Evalua…
Dealing With Difficult People: At Work & In Life
Understanding Accounting for non - Accounting professionals
New Form 1099 Reporting Requirements: 2025 Compliance Update
Human Error Reduction Techniques for Floor Supervisors
HR Metrics and Analytics 2025 - Update on Strategic Plannin…
7 Ways To Beat Burnout: Without Quitting Your Job
Treating Employees Like Adults: Discipline versus Empowerme…
Understanding EBITDA – Definition, Formula & Calculation
Ethical Terminations: Navigating Employee Exits with Legal …
Handbook Overhaul 2026: Compliance, OBBB Act & Beyond
How to Write Procedures to Avoid Human Errors
FDA Proposes Framework to Advance Credibility of AI Models
Project Management for Non-Project Managers - Scheduling yo…
Validation Statistics for Non-Statisticians
Data Integrity and Privacy: Compliance with 21 CFR Part 11,…
4-Hour Virtual Seminar on Hidden Secrets of Selling & Marke…
The Alphabet Soup: When the FMLA, ADA, COBRA, and Workers' …
Talent Management: How to Leverage AI and ChatGPT Tools for…
Offboarding with Care: Conducting Legal & Ethical Employee …
2-Hour Virtual Seminar on How to Conduct an Internal Harass…