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Wednesday, December 3, 2025 Live Webcast

The Statement of Cash Flows - The Ignored Financial Statement (E2512422)

8:45 AM - 12:15 PM EST

Registration: 8:30 AM EST

webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

There is a renewed interest in the Statement of Cash Flows. In the past 10 years, over 30% of restated financial statements were due to errors in the statement. The SEC has focused on it. Peer reviewers are noting problems, and the FASB has begun a project on it. This course focuses on where the problems are and where there is diversity in practice.

DESIGNED FOR

CPAs in public and private practice

BENEFITS

  • To gain the ability to critically read a\the statement of cash flows
  • To learn how to properly distinguish between operating, investing, and financing cash flows
  • To learn the importance of disclosing non-cash transactions

HIGHLIGHTS

  • The format of the Statement of Cash Flows
  • How to identify cash flows from accrual financial statements
  • How to classify cash flows between operating, investing and financing
  • Direct versus Indirect methods
  • Disclosure requirements
  • Non-cash transactions

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Kenneth Heaslip

Kenneth A. Heaslip, CPA, CGMA, M.B.A.

Director

Cullari Carrico LLC

Kenn is a director at Cullari Carrico LLC, a regional CPA firm in Northern New Jersey. He also has extensive experience teaching all levels of accounting, auditing and other practice-related areas. Kenn has been a Professor of Accounting at several universities including Seton Hall, where he was the students’ choice as “Educator of the Year” two years in a row, as well as in the Executive Masters of Business Administration program at Rutgers University. In addition, he was the National Director of the Becker CPA Review. Kenn is an active member of the NJCPA, where he has served in positions, such as Vice President, Trustee Chapter President, Committee Chair and Task Force Chair. Kenn currently serves on the NJCPA Professional Conduct Committee, the Federal and State Taxation interest groups, Governmental Accounting & Auditing Interest Groups and the Nonprofit Interest Group.

PRICING

$199.00 - Member

$274.00 - Nonmember

Register Today


Note: Online pre-registration will close on December 3 at 8:30 AM.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Kenn Heaslip Seminars, LLC