Instructor for this course

This course provides an overview of the statement of cash flows, one of the most important, if not the most important, financial statements prepared by an entity, as well as other key financial statement disclosure topics. Chapter 1 focuses on cash flow reporting and Chapter 2 focuses on disclosure requirements related to revenue recognition, leasing, business combinations, CECL, and segments. While there may not be direct linkage among cash flow and these disclosure topics, this course is intended to provide an overview of several of the key areas.

Learning Objectives

  • Explore and list the different methods used for presenting the statement of cash flows.
  • Discover and differentiate between operating, financing, and investing activities in the statement of cash flows.
  • Recognize how a statement of cash flows is prepared using the indirect method.
  • Identify cash flow classification for various types of transactions.
  • Recognize disclosures requirements with respect to cash flow transactions.
  • Identify disclosure requirements related to revenue from contracts with customers.
  • Recognize both qualitative and quantitative disclosure requirements for both lessees and lessors.
  • Identify disclosures related to business combination transactions.
  • Recognize disclosure requirements based on the CECL standard.
  • Discover and differentiate between disclosures for reportable segments vs. entity-wide.
Last updated/reviewed: September 12, 2022

4 Reviews (14 ratings)Reviews

Anonymous Author
Very good course that explained common and uncommon business transactions and how to reflect them on the cash flow statement.
Anonymous Author
This was a helpful review of the cash flow statement requirements. Thank you.
Member's Profile
Fantastic and detailed course on the components of the statement of cash flows reporting and relevant disclosures. Many examples and applications.
Anonymous Author
There were many typos and errors in the document. However, the information presented made sense.


Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.

Education Provider Information

Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
  PDFCash Flow Reporting & Other Financial Statement Disclosure Hot Topics (Text Based Course)