Does your job require you to create or interpret statements of cash flow? This document is a key part of the financial documents put together by both public and private organizations and is one of the best indicators of a business’s financial health. In this course, Jim and Kay Stice, professors of accounting, show you how to create a strong statement of cash flows for an organization. Jim and Kay explain the three categories of cash flow, typical cash flow patterns, and the difference between net income and operating cash flow. They examine best practices for creating a statement of cash flows and explore common places where the data you need for this statement can be found in other financial documents. Jim and Kay go over cash flow analysis, then conclude with several real company examples of statements of cash flow.
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