This course will introduce you to the Statement of Cash Flows, including the three core sections – ‘operating’, ‘investing’ and ‘financing’ activities. The aim is to assist you to prepare a basic Statement of Cash Flows using a Statement of Comprehensive Income and a comparative Statement of Financial Position. You will learn why a Statement of Cash Flows is beneficial and you will complete an exercise to prepare a basic Statement of Cash Flows with associated notes.
Key topics:
- Purpose, limitations and benefits of the Statement of Cash Flows
- Overview of cash flow reporting requirements
- Converting accrual accounting data to cash flow data
- Direct and indirect methods of preparing the Statement of Cash Flows
- Cash flow spreadsheets
- ABC Learning Centres Ltd case study
- Consolidated Statement of Cash Flows
- Cash flow tips
- Sustainable cash flows
This course consists of one interactive online course, one downloadable PDF learning manual and one online assessment.