Wall Street is in love with the Income Statement and banks have a yearning to see the Balance Sheet.  Very few, if any, truly understand the value of a Cash Flow Statement.  Whether a Fortune 500 company, a non-profit agency or the corner bakery, the Statement of Cash Flows is a useful tool for the stakeholders and can provide insight into how effectively the organization is managing its operations.  This course enables the participant to fully appreciate the importance of this critical statement and learn to prepare, use and analyze its various components.

Learning Objectives
  • Discover an overview of the Statement of Cash Flows
  • Identify the three major components of the Statement of Cash Flows
  • Recognize how to prepare a Statement of Cash Flows
  • Recognize how to use the Statement of Cash Flows
Last updated/reviewed: August 6, 2023
56 Reviews (242 ratings)

Reviews

5
Member's Profile
Great class. This was the best class I've taken on statement of cash flow. I really liked the fact that the instructor provided live examples and insights from his personal experience. I highly recommend this class for someone wanting to understand how not to only prepare but to read the statement.

5
Anonymous Author
Indeed, Cash is King! Without cash nothing can work nor move in a company. A Statement of Cash Flow is truly the important Financial Statement. It marries all other statements - Balance Sheet, Income Statement and Statement of Shareholders Equity.

5
Member's Profile
Good course. Try doing the direct method stmt of cash flows for a $2 billion exotic derivative hedge fund. Not to disrespect my teacher, here, but I have a black belt in this. Regardless: Great CPE. Thanks.

5
Member's Profile
This class was one of the most clear straightforward, well explained and well paced classes I have taken. The illustrations flowed very well with the presentation. I would like more classes from this instructor.

3
Member's Profile
Presentation would have been 15 minutes shorter if speaker spoke at a normal pace. The presenter is pompous - I do not care how many languages he speaks or his detailed career achievements.

5
Member's Profile
Nice, logical presentation-very helpful in reminding myself of the analytical and preparation process-to be used with future clients-as this is the ultimate tell on how a business is doing.

4
Anonymous Author
This course is a good over view as I find cash flow to be confusing and difficulty in preparing one at times. The narrative could be a little more up beat, the tone seemed boring at times.

5
Anonymous Author
I think Mac is an excellent and engaging instructor. He provided practical insights and was very clear and easy to follow along as he explained how to prepare a statement of cash flow.

5
Anonymous Author
It was a nice refresher course for professionals who normally do not prepare the consolidation financial statements all the time. I also found his excel template helpful.

5
Member's Profile
The course was interesting and while not a deep dive one cash flows, it was a complete review of the basics. I enjoyed hearing about the specific instance of fraud.

5
Member's Profile
Very good course to get the basic understanding of the significance of the Cash Flow statement. Gives useful tips for the preparation of the Cash Flow statement.

5
Member's Profile
I really liked Mac Martirossian's in-depth observation of the Statment of Cash Flows. Mac's management perspective of cash flows is enlightening and valuable.

4
Anonymous Author
Good course that explains what belongs in the 3 categories of a Cash Flow statement. I liked how the instructor used real cash flow statements for examples.

4
Member's Profile
A thorough overview that includes relevant real world examples. I appreciated the supplemental study materials! Excellent pace and delivery.

5
Member's Profile
This was a great course. Chock full of content for short program. definately worth the time. Thank you to the presenter. Larry

5
Anonymous Author
Very informative and enjoyable class on statement of cash flows. The material was presented in a way that was easy to understand.

4
Anonymous Author
Appreciated the instructor sharing how he first looks at a statement of cash flows and the provided supporting materials.

5
Member's Profile
Great course that applied real world and simple approaches to understanding and completing a cash flow statement.

4
Member's Profile
This course was informative and helpful. The use of the excel spreadsheets was a nice touch to have added.

4
Anonymous Author
Good overview of cash flow statements. Course shows how to prepare and also how to read the statements.

5
Anonymous Author
What you would expect for a foundation level course. The questions proved to be a nice refresher.

5
Member's Profile
Thank you for the Study guide excel file it helped a lot-. Pace and articulation was awesome!

5
Member's Profile
Mac's course on Statement of Cash Flows was excellent. Great clarity on this complex topic.

5
Anonymous Author
Excellent explanation of the cash flow statement. Instructor is very knowledgeable.

5
Anonymous Author
Very good content, excellent delivery, and wonderful support materials. Impressed.

4
Anonymous Author
Always good to stay on top of your cash flow. Great course and practice exercises.

5
Anonymous Author
This course provided very good information concerning the statement of cash flows.

2
Anonymous Author
Speaker is very slow to speak, not very exciting at all. Information is just OK.

4
Anonymous Author
Clearly explains the concepts and provides detailed examples. Excellent course.

4
Member's Profile
would be nice if the slides were more detailed for later use and reference.

5
Anonymous Author
Good content, well-balanced from an accounting and a finance perspective.

5
Member's Profile
It was a nice review. I hoped that the instructor went into more depth.

5
Member's Profile
Very well done. Good examples, interesting, and well-paced. Thank you.

4
Anonymous Author
A good course emphasizing the importance of the stmt. of cash flows.

4
Member's Profile
It's a great course. Material is very helpful and easy to follow.

4
Member's Profile
Great presentation and explanation of the Cash Flow Statement.

5
Member's Profile
Very enlightening! Presented in easy to understand examples!

4
Member's Profile
reminder for me on how to prepare a statement of cash flow

5
Anonymous Author
A very informative training on the cash flows statement!

5
Member's Profile
I thought the subject matter was well explained.

5
Member's Profile
I liked the real world case study aspect a lot.

4
Member's Profile
Interesting course, great examples

5
Member's Profile
Great practical examples provided

5
Member's Profile
Great course! Very informative.

4
Anonymous Author
good basic knowledge

5
Anonymous Author
Excellent presenter

5
Anonymous Author
Very Informative

4
Member's Profile
Very basic info

5
Anonymous Author
Easy to follow.

4
Member's Profile
Good overview

4
Anonymous Author
Basic info.

4
Member's Profile
good review

5
Member's Profile
very good

5
Anonymous Author
Good Job

4
Anonymous Author
awesome

4
Member's Profile
Good

Prerequisites
Course Complexity: Intermediate

Prerequisite: An understanding of basic accounting principles and how Balance Sheets and Income Statements are prepared.

Advanced Preperation: None 

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: 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 Questions and Answers(2 Questions)
Member's Profile

As an enterprise fund of a city government, we operate like business unit. We made quite a few land improvement for our tenants so they can operate their business efficiently. 30% - 40% of personnel are engineers, planners, and maintenance crew.

What is the best presentation to present to the management about the cost driver and the return in investment?

Member's Profile

A good question Maurina. In order to respond to your query, I would need to know a lot more about your operation. If I had the time I would reach out to you. Thanks.

Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
Statement of Cash Flows
  Statement of Cash Flows Overview 6:33
  Home Depot Study10:03
  Direct Method 7:09
  Study Guide: Statement of Cash Flow20:17
  Analyzing Cash Flow 4:45
CONCLUSION
  Course Conclusion 6:02
Continuous Play
  CA$H is KING—How to Understand and Prepare the Statement of Cash Flows58:54
SUPPORTING MATERIALS
  Slides: CA$H is KINGPDF
  CA$H is KING Glossary/IndexPDF
  FASB Statement Number 95PDF
  Study Guide: Statement of Cash FlowXLSX
REVIEW & TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam