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Owners, managers and outside users all want to understand an organization's financial position, results and cash flow. Many non-accountants find the statement of cash flows easier to read than the other financial statements, yet many accountants avoid preparing it. This 90-minute webinar on preparing the statement of cash flows takes the fear out of the process.
You'll review the statement's format, objective, purpose and sources of information, and how to classify cash flows into operating, investing and financing activities. The session then contrasts the direct and indirect methods of calculating net cash flow from operating activities and walks through the steps to prepare the statement effectively and efficiently.
Knowing how to prepare the statement of cash flows matters, and so does understanding why it matters to the people who read financial statements. Where cash is king, knowing which questions the statement answers is vital.
This session suits accountants in public practice, executives of public, private, governmental and not-for-profit entities, creditors, investors and risk managers.
Candace Curry Leuck is owner of Athena Finance Group, Inc. specializing in strategic planning, distressed entity recovery, valuations, and educational programs. Athena's mission is to pursue and communicate the information clients need. This is accomplished through a cooperative working relationship. Based on solid strategy, the outcome is an expansion of the opportunities of those served. Candace was associated with Ernst & Young in the tax and then auditing area, serving small, midsized and SEC clients during her tenure. She gained significant experience with various industries including manufacturers, automobile dealerships and securities brokers. Upon leaving Ernst & Young, Candace pursued and obtained her Masters of Professional Accountancy from Clemson University and proceeded to her career in the educational arena, teaching at Clemson University, Furman University, and the University of North Carolina at Greensboro. She returned to Clemson in the Fall of 2006 and remained through Spring of 2012. In addition to undergraduate and graduate education, Candace has developed and taught various continuing education courses in both live format and through webcast technology.
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