April 18, 2023 12:30pm – 4:00pm Map & Directions 602-252-4144

Statement of Cash Flows: Preparation Guidance and Presentation Illustrations (12:30-4)


From its humble beginnings way back in 1963 when the Accounting Principles Board "encouraged" the presentation of a funds statement, the Statement of Cash Flows has made its way to a required, critical and often considered the most important financial statement in an entity's financial reporting package. This course will provide you with an overall review of the authoritative literature related to preparing a statement of cash flows, in accordance with ASC 230, Statement of Cash Flows. The course also provides implementation guidance and real-world presentation examples from published financial statements. The course also addresses recent ASUs related to the preparation of the statement of cash flows and explores complex areas, such as determining cash flows from currency denominated in foreign currencies. Hands-on exercises will help you to apply the often challenging and confusing requirements and guidance.


ASCPA Learning Center
4801 E Washington St Ste 180
Phoenix, AZ 85034-2040

Registration Time



Non-CPA Staff:
Non-CPA Staff (100% club):
Non-CPA Staff (sole proprietor):
Accounting & Auditing


  • Understand and apply the professional requirements and guidance for preparing a statement of cash flows found in FASB ASC 230, Statement of Cash Flows.
  • Identify and properly classify transactions and events on the statement of cash flows.
  • Review presentation and disclosure issues relating to the statement of cash flows.
  • Prepare the statement of cash flows in accordance with U.S. GAAP.

Course Level



Surgent McCoy CPE, LLC More With This Vendor

Designed For

Accounting practitioners in public practice and industry involved in preparing the statement of cash flows; financial professionals who review, analyze, and use the statement of cash flows including lenders, creditors, investors and financial analysts.



Event Leaders

Quickel, Curtis

Rating: 4.30

Curtis Quickel is an individual practitioner in Fayetteville, Arkansas. Since 1998, he has traveled the US teaching Continuing Professional Education courses to thousands of CPAs for the AICPA and others. Before establishing his own practice, he worked several years in industry as a Corporate Controller. After 9/11 Curtis spend 9 years on Active Duty with the US Army completing three combat tours to Afghanistan, Iraq and Kuwait. In 2013 Curt retired as a Lieutenant Colonel with a total of 33 years of Active and Reserve service. He is a Past President of the Central Chapter of the Arkansas Society of CPAs and Past Chairman of the Industry and Commerce Committee. Curt is also a past recipient of the Arkansas Society of CPAs Outstanding CPA in Government Award.

More With Quickel, Curtis


  • FASB ASC 230, Statement of Cash Flows.
  • The indirect and direct methods for preparing the operating section.
  • Operating activities, investing activities and financing activities.
  • Disclosure requirements and issues.
  • Recent ASUs impacting the preparation of the statement of cash flows.

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