The Statement of Cash Flows - The Ignored Financial Statement
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(Check-In 8:45am EST)
Virtual
4.00 Credits
Member Price $219.00
Non-Member Price $309.00
Overview
There is a renewed interest in the Statement of Cash Flows. In the past 10 years, over 30% of restated financial statements were due to errors in the Statement. The SEC has focused on it, Peer reviewers are noting problems, and the FASB has begun a project on it. This course focuses on where the problems are and where there is diversity in practice.
Highlights
• The format of the Statement of Cash Flows • How to identify cash flows from accrual financial statements • How to classify cash flows between operating, investing and financing • Direct vs. Indirect methods • Disclosure requirements • Non-cash transactions.
Designed For
CPAs in public and private practice
Objectives
• To gain the ability to critically read a\the statement of cash flows • To learn how to properly distinguish between operating, investing, and financing cash flows • To learn the importance of disclosing non-cash transactions
Leader(s):
Leader Bios
Kenn Heaslip, Kenn Heaslip Seminars, LLC
Kenneth Heaslip, CPA, MBA, MS, is a seasoned accounting educator and industry leader who has served as vice president, trustee, chapter president and committee and task force chair for the NJCPA. He has extensive experience teaching all levels of accounting, auditing and related practice areas. Heaslip currently serves on the NJCPA professional conduct committee and is a director at Cullari Carrico LLC, a regional CPA firm in Northern New Jersey. He has taught at several universities, including Seton Hall—where students twice named him “Educator of the Year”—and in the Executive MBA program at Rutgers. He also served as national director of the Becker CPA Review.
Non-Member Price $309.00
Member Price $219.00