Advanced Cash Flow

Course Overview

This course focuses on issues not evident in a FASB #95 cash flow statement that can change the lender’s view of a company’s capacity to generate cash flow. The class will demonstrate how the footnotes provide a better understanding of the company’s future off-balance sheet obligations, liquidity and actual results. The course introduces a cash flow definition that focuses on future debt repayment while considering the company’s necessary and on-going operational needs.

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Learning Objectives

• Understand how accounting affects cash flow and interpretation of results.
• Assess earnings sustainability in relation to working capital and capital expenditures.
• Develop forecasts driven by key cash flow drivers.

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Target Audience

Experienced lenders who require an enhancement of their cash flow analysis skills.

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