What You Can Learn From the Statement of Cash Flows

• Recall major elements of the statement of cash flows
• Identify the two broad methods for preparing the statement of cash flows
• Perform certain calculations for preparing both the indirect and direct statements of cash flows
• Use the statement of cash flows as part of financial statement analysis

• Preparation of the statement of cash flows
• Importance of identifying sources and uses of cash in financial reporting
• Financial statement analysis
• Cash-related financial statement disclosures