The objective of this on-demand seminar is to provide participants with a solid understanding of the preparation of the statement of cash flow through discussion of the standard and exercise involving the preparation of a statement of cash flow under the direct and indirect method.
The seminar will start with a basic cash flow statement and add complexities, including non-cash transactions, foreign exchange, definition of cash and cash equivalents and determination of adjustments to operating activities. The requirements of the standards are presented through discussion, exercises that introduce complexities and a comprehensive exercise to illustrate the concepts discussed.
Applicable for:
Most accounting and tax professionals will acquire substantial gains from this seminar, especially:
- Practitioners seeking a robust and complete review of the statement of cash flow under ASPE
- Accounting and tax professionals working or involved with both private enterprises and not-for-profit organizations
Prerequisites - Knowledge, Experience or Courses
Learning Objectives
By the end of this course, participants should be able to:
- Better understand the ASPE standards for cash flow statements to prepare a quality cash flow statement, including relevant disclosures that complies with the specific standards
Content
The topics in this seminar include:
- Overview of the requirements of the Statement of Cash Flow requirements
- Definition of Cash and Cash equivalents
- Direct and Indirect method of presenting operating activities
- Non-cash transactions
- Foreign currency
- Presentation of gross items for financing and investing activities
- Determination of whether changes in working capital relate to operating or other activities
- Required disclosures
- Examples of more complex transactions
- Comprehensive exercise to address complexities discussed
Presented by PD Partner: CPA Pro
What to Expect
- Two emails will be sent from CPA Manitoba following your registration: one to confirm your order and one including information on how to access the course through your Learning Hub.
- Once sent, these emails can also be found in the Communication tab of your CPA Manitoba Member Portal.
- This course is designed for participants to view while following along with the course material provided.
- This self-study course allows you to save your progress and return to continue at a later date.
- A certificate of completion can be provided.*
Access to this course will be available for 180 days after registration. After this time, access to the course will no longer be available.
*To receive a certificate of completion, users must complete all course elements including a short quiz at the end of the course. Unlimited quiz attempts are available until a passing grade of 80% or better is achieved. After you have achieved 80% or better, you will no longer be able to access the quiz.
CPA Manitoba PD Terms and Conditions