IFRS Converting Your Cash Flow Statement
Product ID : MIKE-0021
Level : Intermediate
Duration : 60 Minutes
A Certified Public Accountant, business author Mike Morley is an entertaining and informative speaker and a recognized authority in the field of finance. Mike offers various training programs, such as IFRS, SOX, and Financial Statement Analysis that focus on providing continuing education opportunities for finance and accounting professionals. Many Fortune 500 companies take advantage of his training programs to bring their staff up to speed so that everyone understands what their responsibilities are.
Mike is the author of several books, including:
“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.
One step in switching over to IFRS is to convert your cash flow statement. In this presentation, we will work through the entire cash flow statement. We will review in detail exactly what changes will need to be made to comply with these rules. This session will enable you to successfully convert your cash flow statement.
- How net income will change
- Non-cash items that affect the new cash flow statement
- The impact of revaluation
- How depreciation will affect cash
- Working capital items
- Changes in reporting Operating, Investing, and Financing activities
- Summarizing and explaining the changes in the cash flow statement
- Financial statement presentation
- Disclosure requirements
Course Level - Basic/Intermediate
Who Should Attend
- Board members
- External auditors
- Compliance professionals
- Operational professionals
- Finance professionals
- Internal auditors
- Anyone involved in the Audit compliance process