Cash Flow Statements: Preparing and Reconciling, Defining Cash, Direct vs. Indirect Methods, Classifying Transactions
A live 110-minute CPE video webinar with interactive Q&A
This webinar will address the preparation of the cash flow statement in accordance with FASB ASC 230 and offer practical advice to expedite its completion and properly report its components. Our panel of accounting professionals will provide comprehensive examples, illustrative cash flow statements, and walk you through reconciling the entries on the cash flow statement with other required financial statements.
Outline
- Introduction: purpose of cash flow statements
- Guidance—FASB ASC 230 Statement of Cash Flows
- Methods
- Direct
- Indirect
- Sections of the cash flow statement
- Special items
- Disclosures
- Reconciliation and worksheets
- Common errors
- Illustrative examples
Benefits
The panel will cover these and other critical issues:
- Reconciling the entries of the cash flow statement
- When the direct method should be selected for preparation of the cash flow statement
- Common errors to avoid when preparing the cash flow statement
- Reporting special items on the cash flow statement
- Required cash flow statement disclosures
Faculty

Meg Hampton, CPA, MAcc
Partner
Frazier & Deeter
Ms. Hampton has over 12 years of experience in public accounting, providing audits, reviews, compilations, and... | Read More
Ms. Hampton has over 12 years of experience in public accounting, providing audits, reviews, compilations, and preparations of financial statements to clients in various industries. She is certified as a Peer Review Captain and works with the peer review team to provide value to firms around the country. In addition to these services, Ms. Hampton has several years of experience in solutions and tax and provides support to clients in these areas. Her industry focus includes government contracting, employee benefit plans, construction, and not-for-profit agencies.
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Steve Sledge, CPA, MAcc
Partner
Frazier & Deeter
Mr. Sledge, CPA, MAcc, brings over three decades of experience in audit, technical accounting, and... | Read More
Mr. Sledge, CPA, MAcc, brings over three decades of experience in audit, technical accounting, and leadership. Throughout his distinguished career, he has been recognized as a strategic problem-solver with deep expertise in financial statement audits, risk assessment, and client service team leadership. Mr. Sledge's background includes working with organizations of all sizes, from startups to large public companies, often within private equity ownership structures. He has a strong technical foundation in complex accounting matters such as business combinations, stock-based compensation, income taxes, and equity and debt transactions. Mr. Sledge's leadership extends beyond client engagements—he has mentored numerous professionals, facilitated training and CPE programs, and contributed to internal quality review programs to ensure compliance with professional standards.
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