Course description
The Financial Reporting Council have flagged cash flow statements as an area where considerable improvement is required several times, including issuing a Thematic Report on the topic.
This virtual classroom session is designed to point you in the right direction so you can get it right first time and produce good quality, effective statements.
Presented by leading trainer David Potts, the topics discussed will include the key requirements of IFRS (IAS 7) and how these compare with FRS 101 and 102, the three main categories of cash flow and what should be included under each heading (operating, financing, investing), dealing with more unusual transactions, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The Financial Reporting Council have flagged cash flow statements as an area where considerable improvement is required several times, including issuing a Thematic Report on the topic.
This virtual classroom session is designed to point you in the right direction so you can get it right first time and produce good quality, effective statements.
What You Will Learn
This live and interactive course will cover the following:
- Summary of key requirements of IFRS (IAS 7) and how these compare with FRS 101 and 102
- What is cash and what is a cash equivalent - how to get the scope right
- The three main categories of cash flow explained and what should and can be included under each heading - operating, financing, investing
- Problems around definition including demand deposits, cash-in-transit, uncleared sums and crypto-currencies
- Dealing with more unusual transactions and typical problem areas such as leasing and business acquisition
- Presentation points and other required disclosures including the link to financial risk disclosures
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...