1 CPE 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: January 8, 2023
53 Reviews (232 ratings)
Reviews
Lilian Dendrinos
(consultant at DLC Group)
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.
Anonymous
(Snr Accounting Consultant, CPA)
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.
Robert Godfrey
(CPA at Robert Godfrey, CPA)
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.
Devery Adair
(CFO at PLI Industries LLC)
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.
Edward Restelli
( at Envocore)
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.
Anonymous
(Accounting Manager)
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.
Anonymous
(SVP, Finance)
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.
Anonymous
(Consultant)
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.
Wendy White
(controller at Goodwill Industries)
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.
Inna Shmukler
(Controller at Fornetix LLC)
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.
Jeffrey Kirsch
(CFO / VP Finance at Kirsch CFO Advisor)
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.
Anonymous
(Accounting Manager)
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.
Monte Smith, CMA
(Chief Executive Officer at Gerding Companies, Inc)
A thorough overview that includes relevant real world examples. I appreciated the supplemental study materials! Excellent pace and delivery.
Lawrence Hirsch
(Controller at Builders design)
This was a great course. Chock full of content for short program. definately worth the time. Thank you to the presenter.
Larry
Anonymous
(Director, Accounting)
Very informative and enjoyable class on statement of cash flows. The material was presented in a way that was easy to understand.
Anonymous
(unemployed)
Appreciated the instructor sharing how he first looks at a statement of cash flows and the provided supporting materials.
Don Myers
(Finance & Operations Executive at -)
Great course that applied real world and simple approaches to understanding and completing a cash flow statement.
Trisha Wright(Rinderle)
(Consulting Accountant at EKS&H)
This course was informative and helpful. The use of the excel spreadsheets was a nice touch to have added.
Anonymous
(controller)
Good overview of cash flow statements. Course shows how to prepare and also how to read the statements.
Anonymous
(Accountant II)
What you would expect for a foundation level course. The questions proved to be a nice refresher.
Gloria Mendez
(Senior Accountant at Yahoo Inc.)
Thank you for the Study guide excel file it helped a lot-. Pace and articulation was awesome!
Anonymous
(Sr. Accountant)
Excellent explanation of the cash flow statement. Instructor is very knowledgeable.
Anonymous
(-)
Very good content, excellent delivery, and wonderful support materials. Impressed.
Anonymous
(Consultant)
Always good to stay on top of your cash flow. Great course and practice exercises.
Anonymous
(Senior Accountant)
This course provided very good information concerning the statement of cash flows.
Anonymous
(Financial Reporting Manager)
Speaker is very slow to speak, not very exciting at all. Information is just OK.
Anonymous
(CFO)
Clearly explains the concepts and provides detailed examples. Excellent course.
Brian Meister
(- at International Hillel)
would be nice if the slides were more detailed for later use and reference.
Anonymous
(Vice President of Technical Accounting)
Good content, well-balanced from an accounting and a finance perspective.
Yun Sub Lee
(Senior Accountant at NA)
It was a nice review. I hoped that the instructor went into more depth.
Philip Simonson
(CFO / Broker at Omnetics Connector Corporation)
Very well done. Good examples, interesting, and well-paced. Thank you.
Anonymous
(acct)
A good course emphasizing the importance of the stmt. of cash flows.
S Marie Vernon
(- at --)
Great presentation and explanation of the Cash Flow Statement.
MARIA LUISA DE GUZMAN
(Manager - Billing Staff & Financial .. at Harbor Rail Services of California)
Very enlightening! Presented in easy to understand examples!
Franz Riedel
(Finance consultant at DLC Group)
reminder for me on how to prepare a statement of cash flow
Anonymous
(-)
A very informative training on the cash flows statement!
Lance Sears
(Controller at Hugh O'Kane Electric Co., Inc.)
I thought the subject matter was well explained.
Simon Adell
(Chief Financial Officer at Undisclosed)
I liked the real world case study aspect a lot.
Jose Maria Lopez
(Regional Manager of Accounting & Rep.. at VF)
Interesting course, great examples
Chris Robertson
(Snr Corporate Accountant at NetSuite)
Great practical examples provided
Matt Osmundsen
(Category Finance Director at Energizer Holdings, Inc.)
Great course! Very informative.
Anonymous
(Fiscal Officer)
good basic knowledge
Anonymous
(Senior Accountant)
Excellent presenter
Anonymous
(Controller)
Very Informative
Maurina Lee
(Finance manager at City of Downey)
Very basic info
Anonymous
(Accountant)
Easy to follow.
Craig Scanlon
(Owner at BST)
Good overview
Anonymous
(Director - Transaction Services)
Basic info.
Ian Smith
(Accountant at Self-Employed)
good review
Kelley Gregg
(None at Not Applicable)
very good
Anonymous
(Chief Financial Officer)
Good Job
Anonymous
(Sr. Institutional Fixed Income Trader)
awesome
Patrenia McAbee
(Owner at McAbee Consulting)
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)
Mac MartirossianBoard Member
About Illumeo
Platform
Resources
Contact Us
- Email: info@illumeo.com
- Phone: 408-400-3993
- Adress: 75 East Santa Clara St.
- Suite 1215, San Jose, CA 95113
© 2023 Illumeo, Inc.
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?
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.