Bank Accounting: Statement of Cash Flows – 2 Part Series
Accounting Standards Codification (ASC) Topic No. 230, Statement of Cash Flows, provides the guidance and applicability on the reporting requirements for cash flow statements.
This webinar is designed for financial professionals seeking to gain an understanding of the basic concepts surrounding the preparation of a statement of cash flows. The discussion and examples will be specific to the activities of a financial institution and is designed to assist the participant with pulling together data to accurately complete a statement of cash flows.
This two-part webinar will provide the participant with an understanding of both cash and non-cash transactions and where to report each in the statement of cash flows. Typical transactions and activities will be broken down into operating, investing, and financing activities as required under applicable accounting and disclosure guidelines. Each participant will be provided with:
- Exercises and examples on the breakout for common institution activities into operating, investing, and financial activities.
- A sample mathematical reconciliation of cash flow activities for key financial statement line items, combined with the proper reporting in the statement of cash flows.
Included Webinars
- Bank Accounting: Statement of Cash Flows – Part 1
- Bank Accounting: Statement of Cash Flows – Part 2
Series Details
What You’ll Learn
Who Should Attend
The course is ideal for individuals seeking to gain knowledge on how to accurately prepare a statement of cash flows. Participants should possess an understanding of the basics of accounting with a desire to increase their knowledge and understanding of accounting for more complex activities to include the preparation of a statement of cash flows that is included in a set of audited financial statements.
