The statement of cash flows is described in this course, and a technique for preparation is presented by working through examples. You will see how changes in assets, liabilities, and equity affects the Statement of Cash Flows, along with sale of equipment.
Prerequisites
No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the other courses in the series prior to completing this one.
Learning Objective
- Discover the purpose and layout of the Statement of Cash Flows
- Recognize how a worksheet should be used as an aid in preparing the Statement of Cash Flows
- Recognize how changes in assets, liabilities, equity affects the Statement of Cash Flows
- Recognize how the sale of equipment affects the Statement of Cash Flows
- Discover how to prepare a Statement of Cash Flows
Last updated/reviewed: March 13, 2024
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Erik Slayter
Accounting Professor at Cal Poly
INTRODUCTION AND OVERVIEW
Statement of Cash Flows
- 3 Sections of the Statement of Cash Flows 6:32
- Creating the Statement of Cash Flows 8:17
- Simple Business Scenario 9:14
CONCLUSION
CONTINUOUS PLAY
SUPPORTING MATERIALS
REVIEW & TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
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