4073  |  On Demand  |  Intermediate  |  Self-Study

Statement of Cash Flows

Friday, May 1, 2020 - Friday, April 30, 2021

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A statement of cash flows is necessary to comply with GAAP, which is required of for-profit and not-for-profit (NFP) businesses alike. However, NFPs are required to comply with unique industry-specific guidance that applies only to them. This CPE course offers you detail-rich examples and case studies. Learn the nuances of NFP financial reporting and get the information you need to successfully prepare a statement of cash flows.


  • Determine how to prepare, in accordance with GAAP, a statement of cash flows (SCF).
  • Differentiate between operating, financing, and investing activities.
  • Determine the effect of a particular transaction or significant event on the reporting entity's SCF.
  • Differentiate between direct method and indirect method cash flow statement and identify steps for successful completion of the statements under both methods.


  • Andrew Prather

Designed For

CPAs, financial professionals and NFP staff and board members looking to deepen their existing knowledge of NFP financial responsibility, and set themselves apart as a leader in this field


  • GAAP industry-specific guidance
  • Industry best practices
  • Direct and indirect method
  • Classification (operating, investment, and financing activities)
  • Reconciliation of change in net assets to cash balances
  • Effect of donor restrictions on cash flow reporting

Your Price: $69.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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