Limited Period Access to myCPE Prime Unlimited CPE Access starting at $199. Subscribe Now

Preparing and Analyzing the Statement of Cash Flows

  • Accountant
  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • CFIRS
  • CWS

Published: August, 2022

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • New Version of Edgar Allen Poe's famous poem - The Raven
    3 mins
  • How to account Families?
    12 mins
  • Explaining the changes in the accounts
    19 mins
  • The reduction in the Cash Account Balance explained
    36 mins
  • Change perspectives from Preparer to Analyst
    49 mins
  • Two Fundamental issues of Cash Flow Analysis
    63 mins
  • Cash flow profile - Using operations and assets to reduce debt and/or Equity
    72 mins
  • Cash flow profile - financing operating losses and growth by issuing debt and/or equity
    86 mins

Course Description

Everybody knows that "cash is king", but how should you incorporate this idea into your analysis of an organization? While most people are somewhat familiar with the Balance Sheet and Income Statement, the Cash Flow Statement can be a bit of a mystery.

The statement of cash flows is often viewed as the most important financial statement for assessing a company’s performance, liquidity, and financial health. However, it is also viewed as the most complex financial statement to prepare and analyze.  

In this CPE webinar, the speaker Jamie Pratt will walk through the regulatory framework around the statement of cash flows, show how to prepare the statement under both direct and indirect methods, and explain how to analyze the data on the statement using key financial ratios

Major topics covered in this CPE Accounting course:

  • Preparation of Cash flow statement
  • Presentation of both the direct and indirect forms of presentation
  • Reviewing the key elements of cash flow assessment and the identification and interpretation of the various cash flow profiles
  • Analyzing real-world statements of cash flows and using these cash flow profiles to assess the cash management strategies of seven different firms at different stages of development experiencing different levels of success: Pinterest, General Electric, Airbnb, Home Depot, Caravan, Lyft, and Blue Apron

Here are links to your interest: Certificate Course on Financial Reporting Analysis

Learning Objectives

  • To discuss how to prepare a statement of cash flows under both the direct and indirect formats from two balance sheets and an income statement.
  • To identify the key elements of cash flow analysis and how they relate to each other.
  • To identify various cash flow profiles and describe what these profiles mean concerning the firm’s cash management strategy.
  • To analyze the statements of cash flow published by well-known companies from various industries.

Recommended For

  • This online CPE webinar is recommended for CPA, CMA, CIA, QIAL, IAP, CFE, CVA, ABV, CBA/MCBA, CGFM, FPAC, CFA, CIPM, CFF, CFIRS, CWS, Accountant, and Other Professionals who work want to understand everything about preparing and analyzing the Statement of Cash Flows.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Certified Management Accountant (CMA)
  • Certified Practicing Accountant
  • Certified Public Accountant (CPA)
  • Chartered Certified Accountant (ACCA)
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2.5 General Credit of Accounting for Accountant/Bookkeeper/Tax Professionals
  • 2.5 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
  • 2.5 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
  • 2.5 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
  • 2.5 CPE Credit of Accounting for Certified Government Financial Manager (CGFM)
  • 2.5 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
  • 2.5 CPE Credit of Accounting & Auditing for Certified Management Accountants (CMA)
  • 2.5 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 2.5 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
  • 2.5 PL Credit of Accounting for Chartered Financial Analyst (CFA)
  • 2.5 CPE Credit of Accounting for Internal Audit Practitioner (IAP)
  • 2.5 CPE Credit of Accounting for Qualification in Internal Audit Leadership (QIAL)
  • 2.5 PL Credit of Accounting for Certificate In Investment Performance Measurement (CIPM)
  • 2.5 CPE Credit of Financial accounting for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 2.5 CRE Credit of Financial accounting concepts for Certified Corporate FP&A Professional (FPAC)
  • 2.5 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 2.5 CE Credit for Certified Wealth Strategist (CWS)

Additional details

  • Course Level :
    Basic
  • Credits :
    2.5
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Jamie Pratt, Ph.D

Professor, PRATTedu

Jamie Pratt was the Alva L. Prickett Chair of Accounting at the Kelley School of Business at Indiana University in Bloomington, Indiana, and now holds the title of Distinguished Emeritus Professor.  He received his doctorate in business from Indiana University in 1977, and has held faculty positions at the University of Washington (Seattle), the University of Zurich (Switzerland), Northwestern University and INSEAD (Fontainebleau, France), returning to Indiana in 1991.

Jamie’s research interests are in financial reporting and analysis, where he has published over 30 articles in the top academic research journals (including The Accounting Review, Journal of Accounting Research, Contemporary Accounting Research, Accounting, Organizations and Society, and Issues in Accounting Education), and he has taught courses in financial reporting and analysis at every level (introductory, intermediate, advanced) in every program (undergraduate, MBA, PhD).  He has received over 30 teaching awards and recognitions, and also taught executive education courses throughout the world.  Research and/or teaching recognitions have also come from the following organizations: American Accounting Association, American Taxation Association, Big 4 accounting firms (KPMG and PriceWaterhouseCoopers), Indiana Society of CPAs, the Universities of Manchester (England), Kwansei Gakuin (Japan) and Kentucky, and Business Week magazine.  His resume also includes two textbooks (one in its 11th edition), two computer-based interactive case platforms, a financial analysis case book, and several instructor guides that support these products.  

He is now CEO of PRATTedu (www.prattedu.com), which produces and delivers online video-based courses, primarily in the area of financial reporting and analysis.

About Company

Are you a beginner in the world of financial analysis, a CPA, or somewhere in between? Are you looking for an edge in your education but don’t have much free time?  Prattedu is for you!  Prattedu’s video-based courses will provide a powerful perspective on what is required for success in business and, if you are CPA, you will earn CPE credits as well!

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.6

10 Ratings

Excellent

7

Very Good

2

Average

1

Poor

0

Terrible

0

We use cookies to make your experience on this website better