366 pages [225 self-teaching + 141 self-quizzes with detailed answers]
Section 1: Introduction. Sources and uses of cash: 3 kinds of activities.
Sections 2-4: Cash provided by operating activities (CPO), the direct method.
Part I: Computing cash inflows using changes in A/R and Allowance for Doubtful Accounts. Computing cash outflows using changes in Prepaid Expenses, Depreciation, Amortization, A/P and either Purchases (periodic method) or Inventory and COGS (perpetual method).
Part II: Using changes in Interest Payable, Discount on Notes Payable, Income Tax Payable and related accounts.
Part III: Using changes in Unearned Revenue, Dividends and Interest Receivable, Amortization of Notes Receivable.
Section 5: CPO case study, the direct method. Brings together everything you learned in Sections 2–4.
Section 6: Computing CPO, the indirect method. Computing inflows/outflows from changes in Depreciation, A/R, A/P, Inventory, Unearned Revenue, Interest Payable and other accounts.
Section 7: CPO case study, the indirect method. Brings together and applies what you learned in Section 6.
Section 8: Cash from investing activities. Inflows from disposal of PP&E, intangible assets, securities, loan collection. Outflows for investing in PPE, intangible assets, securities, making loans.
Section 9: Cash from financing activities. Inflows from issuing stock, creditor notes, mortgages, bonds, receipt of principal on loans. Outflows for dividends, treasury stock purchases, payment of loan principal.
Sections 10-11: Preparing a statement of cash flows.
Part I. Asset accounts.
Part II. Liability, stockholders’ equity accounts.
Section 12: Special and supplementary items. Inflows and outflows related to the purchase/sale of securities or treasury stock, foreign currency transactions, acquisitions and lawsuits. Which items are disclosed only as supplemental information.
Section 13: Special items for large corporations. Sale of a business, equity in an affiliate’s income, issuing bonds, amortization of a bond discount or premium, early extinguishment of debt.
Section 14: Comprehensive case study. Everything you learned applied to a complete statement of cash flows.
Publisher: AIPB
WILLIAM –
The course booklet is layed out very well in my opinion. It goes through step by step. As such, it is a good reference to use.
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EARL –
Should have more practice on this one instead of just an optional quiz
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MEE –
This is a good book for me to study
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FRANK –
This course gave me an understanding for the report that I didn’t have before.
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TINA –
It’s a good book, but tough
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MARTIN –
A very good book that takes you step by step on how to create a statement of cash flows.
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MARIA –
very detail
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KAREN –
Very in depth. I think it would be much improved if it said something about how this financial report translates into computerized bookkeeping programs like QuickBooks. I get no encouragement to do things in long hand at work. I find it difficult to be sure of how to create accurate results in a computerized format from doing this course. Also, I found a number of typos even in Quiz annswers. I did, however, come to understand how this financial statement is built and what effects there are on cash in a given period. This helps me at work troubleshoot cash flow problems.
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NATHAN –
Well written. I was pleased with my purchase.
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THEODOSIA –
Well presented and easy to follow
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KARA –
The book has been very useful.
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JAN –
Since I’m a QuickBooks user, it is very easy for me to pull up a Statement of Cash Flows. However, being able to pull it up simply and knowing what you are seeing and how it relates to your business is another thing. This course makes it possible to understand why a business needs to use this report and what it conveys as to the financial stability of the company.
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