Reformulating IFRS and US GAAP Statements of Cash Flows for Financial Analysis

Date: 19-Feb-13 to 19-Feb-13
Location: Online Event / California City / California / United States
Category: Banking, Finance & Investment Conferences & Trade Fairs

This 90-minute webinar illustrates the financial analysis practice of reformulating the statements of cash flows and links to the financial theory of free cash flow generation and disposition.

Visitors

Why Should You Attend:
Financial statement preparers and financial analysts must become conversant in International Financial Reporting Standards (IFRSs). The statement of cash flows is of utmost important to anticipate the amount, timing and uncertainty of cash flows arising from of business decisions.

This 90-minute session will illustrate the financial analysis practice of reformulating the statements of cash flows. It links to the financial theory of free cash flow generation and disposition. The course also compares the basic trichotomy of activities, i.e. operating, investing, and financial activities, under IFRS and U.S. GAAP. The session will summarize how such a statement would look under the IASB’s Financial Statement Presentation Project. It reconciles the statement under extant GAAP to reformulated financial statements and warns of specific attention point for financial analysis.
Areas Covered in the Webinar:
The course compares the IFRS and U.S. GAAP classification of the following items in the statement of cash flows:
Reformulated vs. GAAP Statements of Cash Flows.
Reformulating Practices.
Free Cash Flow Equations.
The Financial Statement Presentation Project.
Activity vs. Sources and Uses Formats.
Cash Flow Aggregations under IFRS vs. U.S. GAAP.
The Concept of Cash Flows from Operating Activities under IFRS vs. U.S. GAAP.
The Concept of Cash Flows from Investing Activities under IFRS vs. U.S. GAAP.
The Concept of Cash Flows from Financing Activities under IFRS vs. U.S. GAAP.
Disaggregation Guidance under IFRS vs. U.S. GAAP.
Who will Benefit:
Internal Auditors
External Auditors
Financial Officers
Financial analysts

Exhibitors

Francesco Bellandi, is a U.S. CPA,CGMA, CA, ACCA Diploma in International Financial Reporting, and MBA. He chairs the IFRS and FASB Subcommittees of the International Accounting & Auditing Committee at the New York State Society of CPAs. He has served as Chief Financial Officer in Alitalia North America & Mexico, New York; Board Director and Chief Financial Officer in Cobalt Waterline Group; Director Finance & Administration in Alitalia – Lufthansa Maintenance; Director Business Planning & Finance SEMEA Southern Europe, Middle East, and Africa in Société Internationale de Télécommunications Aéronautiques; and Financial Controller and Logistics Manager in Ericsson.

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