Preparing cash flow statements under Czech and international accounting standards I

In two seminars, we will help you understand the basic principles and methods of preparing a cash flow statement and how it is linked to other financial statements. We will teach you the basic calculations necessary for compiling this statement. The first seminar will be more theoretical; in the second one we will show you practical examples.

Who are the intended participants?

Accountants, analysts, staff of controlling, internal audit, and finance functions
All who want to get better understanding to cash flow reporting or monitoring

Programme

Current regulation of cash flow statements under Czech accounting standards
Current regulation of cash flow statements under IFRS – key differences from CAS
Information and auxiliary calculations necessary for the preparation of the statement
Links between cash flow statement and other financial statements (balance sheet, income statement, statement of changes in equity), or why the cash flow statement is important and what can be read from it

Benefits

After attending the course, you will be able to:

Better understand the legal regulation and methodology of preparing a cash flow statement under Czech and international accounting standards
Make basic auxiliary calculations, and prepare the statement as such
Plan your activities in a timely manner and identify information needed to make the calculations and prepare the statement while minimising the administrative burden