Course 12 – Preparing and Analyzing the Statement of Cash Flows
In this 2.5 CPE credit course, Professor Pratt thoroughly covers the statement of cash flows: its preparation, both the direct and indirect forms of presentation, as well as its analysis, which includes reviewing the key elements of cash flow assessment and the identification and interpretation of the various cash flow profiles. The course concludes by analyzing real-world statements of cash flows and using these cash flow profiles to assess the cash management strategies of seven different firms at different stages of development experiencing different levels of success: Pinterest, General Electric, Airbnb, Home Depot, Carvana, Lyft, and Blue Apron.
Course 12 Learning Objectives
- Prepare a statement of cash flows under both the direct and indirect formats from two balance sheets and an income statement.
- Identify the key elements of cash flow analysis and how they relate to each other.
- Identify various cash flow profiles and describe what these profiles mean concerning the firm’s cash management strategy.
- Read and thoughtfully analyze the statements of cash flow published by well-known companies from various industries.
Single Video Course Note
The Preparing and Analyzing the Statement of Cash Flows course is a single video lecture course which means there will be pauses in the video where you are prompted to answer knowledge check questions. We highly recommend that you watch the video lecture and answer each associated knowledge check question only when you are prompted to do so. However, each of the knowledge checks associated with the lecture video can be accessed in sequence after the assessment quiz. The knowledge checks have been made available in this manner for easy access for review in the future.
Course Components
- PRATTedu Resources
- PRATTedu Program Structure
- Ethics and Earnings Management + Knowledge Checks
- Assessment Quiz (must score 70%)
CPE Requirements
- The assessment Quiz must be completed satisfactorily no later than one year after enrollment, at which time your access to the website will expire.
- A 70% minimum score on the Assessment Quiz is required for satisfactory completion and to receive a certificate.
Course Navigation
Main Course Page Navigation (Current Page)
The main course page for each course consists of 6 sections: (1) Course description; (2) Learning objectives; (3) Course components; (4) CPE requirements; (5) Course navigation; and (6) the master course navigator, which allows you to quickly jump to the various lessons that make up the course. The course structure and resources, the course videos, and the final assessment quiz.
Master Course Navigation
Simply complete the lessons in order. At the bottom of each lesson, are two buttons: Previous Lesson or Next Lesson. We also include excerpts in the buttons so you can quickly identify the content in each direction. You can always go back to the beginning of the course (course intro page) by clicking the “back to Course 1 – Introduction to Financial Statements link. Note: At the bottom of each completed lesson (right above the previous/next buttons) it will state “Complete Lesson” make sure you click it before moving on.
MAKE SURE YOU GET YOUR CERTIFICATE! Please read below:
You must mark each page of our courses as complete for our system to register for completion of a course and generate a certificate. The Structure and Resources section is typically missed by many users, simply scroll to the bottom of each page and click the blue “Mark Complete” button and enjoy your course!
Course Information
Course Instructor
Basic Enrollment
Scoring at least 70% on the assessment quiz after completion of this course earns a Certificate of Completion worth 2.5 hour of continuing professional education (CPE) credits.