4.31/5 stars (167 customer reviews)

Learn to prepare this vital statement even if you don’t know how to prepare an income statement or balance sheet. Show your company why there may be no cash when profits are soaring, and what to do about it. Double-quiz in each section assures that you master it.

ISBN: 9781884826603
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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 corporationsSale 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 studyEverything you learned applied to a complete statement of cash flows.

Publisher: AIPB

Additional information

Book Type

Softcover WorkBook, Online e-WorkBook

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4.31 out of 5 stars

167 reviews

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What others are saying

  1. TERESA

    It’s been years since I took the class, but I don’t remember having any problems with it. The workbook was a true asset in helping me to understand Cash Flow. I still have the workbook.

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  2. DAN

    I was very pleased with the course and would recommend taking it.

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  3. ELISE

    I found this book very confusing. I think it would be better off to be organized differently. I went through it 4 times to be able to understand it.

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  4. ADRYNA

    I don’t believe I finished this one, but what I did read was understandable.

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  5. LINDA

    Good

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  6. BJ

    extremly difficult

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  7. BENJAMIN

    Excellent, easily understood

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  8. LEEANN

    Excellent learning tool!

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  9. JAMES

    Excellent book. I find all the AIPB books to be excellent. Their explanations are clear and concise. Wish they had more topics to choose from.

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  10. JENNY

    A little confusing in the wording at times, but overall a great learning tool.

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  11. BEATA

    Very well organized course.

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  12. GERALDINE

    The information was helpful and clear.

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  13. EMMA

    It’s been sometime since I took this course, but it was very informative.

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  14. JANET

    I thought the book taught the different calculations of cash flows in a very understanding way. This book was challenging but in the end I felt I an excellent concept of calculating cash flows.

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  15. LORI

    I have a better understanding of what goes into generating a Statement of Cash Flows report.

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  16. SUSAN

    I found this very difficult and it took me a few tries to get through it. There was too much material shown vs what was in the tests. But it was thorough.

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  17. SHERRY

    Detailed information.

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  18. GREG

    Used this course as a reference when preparing company cash flows, needs to be expanded

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  19. WILLIAM

    Thorough and informative. 5 Stars

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  20. JING

    It is good.

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  21. JOAN

    Good information, quite clear in directions

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  22. EDITH

    Very happy with material and class

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  23. THOMAS

    I love the course, and I learned very much. I would recommend it to anyone who wants to learn about the statement of cash flows. They just need to update the dates in the course.

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  24. ALDO

    good book

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  25. ED

    unbelievable course, the wealth of knowledge found in those pages, the format was laid out great and easy to follow and understand as you flow through each chapter. an excellent course

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  26. SOLOMON

    It is very fantastic approach to have the basic idea inorder to do the real Accounting job.

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  27. SHERRIE

    Very informative.

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  28. DIANE

    Very informative yet easy to understand the concepts taught.

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  29. LINA

    Very helpful

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  30. KIM

    Very good. I still use it as a reference.

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