Understand how cash truly moves through your business, how to prepare a cash flow budget, and how to identify ways to improve your working capital.
A balance sheet is described as a snapshot of your financial statement at a single point in time. An income statement will summarize the revenue, expenses, and net income for a certain time period. These are valuable tools to measure the performance of your business but lack the detail to exactly understand what happened to all your cash during the same time. Understanding and managing the cash flow in your business is critical to your success. You will learn in this course how cash moves through your organization, how to prepare a valuable cash flow budget, and identify strategies to improve your working capital.
Learning Objectives
- You will be able to differentiate between the sections of a Cash Flow Statement and what is included in each.
- You will be able to differentiate between the various methods to prepare a Cash Flow Statement
- You will be able to identify how to calculate the Cash Flow Statement
- You will be able to differentiate between what is included in each sections of a Cash Flow Statement.
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Why Lorman?
Over 39 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Overview
Comparing Net Income, Tax Income, and Cash Flow
- What Is Your Current State?
- What Is a Cash Flow Statement?
- Operating Cash Flows
- Investing Cash Flows
- Financing Cash Flows
What Is Behind the Cash Flow Budget?
- Gathering Historical Data
- Developing Reasonable Assumptions
- Case Study - Applying the Concepts
Strategies to Improve Cash Flow
- What Are Key Performance Indicators?
- What Should Be Your Stress Test?
- What Are Keys to Increasing Your Shareholder Value ?
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Credit
More Program Information
Why Lorman?
Over 39 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last reviewed on October 31, 2025.
Call 1-866-352-9540 for further credit information.
- AIPB 2.0
- This program is acceptable for 2.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Credit
More Program Information
Why Lorman?
Over 39 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Theran J. Welsh, CPA
Playmaker, LLC
- Playmaker, LLC
- Focus is on helping contractors create shareholder value by understanding their cost structure to bid and win profitable work and ensure their tax structure is a model to support a sustainable organization
- He spends time with contractors to identify options for revenue reporting to reduce tax liability and identify industry-specific tax strategies to reduce tax liability, with the end goal of creating shareholder value
- His experience will help executives of construction companies identify the key performance measurements to pursue profitable work to sustain their organization
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Why Lorman?
Over 39 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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