Statement of Cash Flows: Reporting and Analysis

3 Credits: Accounting


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Statement of Cash Flows: Reporting and Analysis

Course Level
CPE Credits

3 Credits: Accounting

Course Description

In the realm of corporate finance, understanding and accurately reporting cash flows is crucial, yet often misunderstood or underemphasized. This course directly addresses this challenge by focusing on ASC 230, the Statement of Cash Flows, which is pivotal in showcasing a company’s financial health to management, investors, and creditors. It agitates the common difficulties faced in categorizing and presenting different types of cash variables – operating, investing, and financing – and their impact on a company’s cash position. The solution offered is a detailed exploration of cash flow reporting, including the nuances of the direct and indirect methods, and how changes in asset and debt accounts are reflected in the cash flows. Through practical examples, the course provides clarity on the presentation and disclosure requirements of ASC 230, equipping participants with the skills to prepare and analyze this essential financial statement accurately.

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Learning Objectives

After completing this course, you will be able to:

  • Recognize the use of and the objectives for a statement of cash flows;
  • Identify how different cash variables (e.g., operating, investing, financing) affect the cash flows;
  • Identify differences between the direct method the indirect method;
  • Recognize how changes in asset and debt accounts affect the cash flows; and
  • Identify the presentation and disclosure requirements.
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Course Specifics

Course ID
Revision Date
December 20, 2022

Basic Accounting

Advanced Preparation


Number of Pages

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

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.