Fresh ideas to improve your statement of cash flows preparation and presentation
This webcast discusses the preparation of the statement of cash flows and how to improve your analysis with fresh presentation ideas. You’ll explore the requirements and standards of the statement of cash flows guidance, so you can ensure correct classifications of transactions and events.
To simplify the complexities, we will:
• Identify the three major sections of statement of cash flows.
• Provide statement of cash flow worksheets.
• Discuss expected changes from FASB initiatives.
Identify statement of cash flows guidance and related standards requirements.
Select the correct classifications of transactions.
Recall technical considerations for cash equivalents, net presentation, and noncash transactions.
Recall proposed changes from the FASB and IASB.
Presentation requirements and issues
Operating section options and reporting issues
Cash equivalents examples and issues
Future developments and proposed changes
Practitioners and financial professionals who prepare financial statements