Participants will experience and learn to:
1. Gather and consolidate data on cash inflow and cash outflow transactions so as to identify the activities that affected cash, and classify them into three major activities: operating, investing and financing activities.
2. Verify and reconcile transactions against financial records to ensure accuracy of the cash flow report.
3. Generate cash flow reports to determine cash position of the business unit, using two methods: direct and indirect methods.
4. Submit cash flow reports to relevant stakeholders for review in accordance with organizational policies and procedures.