One-Day Practical Training Programme for Accountants, Finance Officers, Auditors, and Public Sector Professionals
Learn How to Prepare, Analyze, and Interpret Cash Flow Statements with Confidence
The Cash Flow Statement is one of the most important financial statements used by management, auditors, investors, and regulatory authorities to assess an organization’s financial health. It provides valuable information about how cash is generated and utilized during a financial period.
Many accountants and finance officers find cash flow statement preparation challenging due to complex adjustments, classification issues, and reporting requirements. This practical training programme is designed to simplify the process and provide participants with the knowledge and skills required to prepare accurate and compliant cash flow statements.
Why Cash Flow Statements are Important
A profitable organization can still face financial difficulties if it does not manage cash effectively. The Cash Flow Statement helps management understand:
- Sources of cash inflows
- Cash outflows and expenditures
- Liquidity position
- Financial sustainability
- Investment activities
- Financing activities
- Ability to meet financial obligations
- Future cash requirements
For government institutions and public sector organizations, effective cash flow management is essential for proper financial planning and accountability.
Who Should Attend?
This programme is suitable for:
- Accountants
- Chief Accountants
- Finance Managers
- Finance Officers
- Internal Auditors
- External Auditors
- Administrative Officers
- Directors Finance
- Treasury Officers
- Provincial Council Officers
- Local Government Finance Staff
- University Finance Officers
- State Corporation Accountants
- Public Sector Financial Managers
Learning Objectives
At the end of the programme, participants will be able to:
- Understand the purpose and importance of Cash Flow Statements
- Prepare Cash Flow Statements accurately
- Classify cash flows correctly
- Apply SLPSAS and accounting standard requirements
- Analyze cash flow information effectively
- Identify common preparation errors
- Improve financial reporting quality
Course Content
Introduction to Cash Flow Statements
- Purpose of the Cash Flow Statement
- Importance in Financial Reporting
- Relationship with Other Financial Statements
- Benefits for Decision-Making
Understanding Cash and Cash Equivalents
- Definition of Cash
- Cash Equivalents
- Bank Balances
- Short-Term Investments
- Restricted Cash
Components of a Cash Flow Statement
- Operating Activities
- Investing Activities
- Financing Activities
- Net Increase or Decrease in Cash
- Closing Cash Balances
Cash Flows from Operating Activities
- Revenue Receipts
- Payments to Suppliers
- Employee Costs
- Administrative Expenses
- Operational Cash Movements
Cash Flows from Investing Activities
- Purchase of Fixed Assets
- Disposal of Assets
- Investments
- Capital Projects
- Long-Term Asset Transactions
Cash Flows from Financing Activities
- Loans and Borrowings
- Repayment of Loans
- Capital Contributions
- Financing Arrangements
- Grant Financing
Direct Method of Cash Flow Preparation
- Cash Receipts Analysis
- Cash Payments Analysis
- Presentation Format
- Advantages of Direct Method
Indirect Method of Cash Flow Preparation
- Starting from Surplus or Deficit
- Non-Cash Adjustments
- Working Capital Adjustments
- Depreciation Adjustments
- Reconciliation Process
Working Capital Analysis
- Debtors and Receivables
- Creditors and Payables
- Inventory Changes
- Prepayments
- Accruals
Cash Flow Statement under SLPSAS
- Public Sector Reporting Requirements
- Disclosure Requirements
- Presentation Standards
- Compliance Issues
Cash Flow Analysis Techniques
- Operating Cash Flow Analysis
- Liquidity Assessment
- Financial Performance Indicators
- Trend Analysis
- Cash Management Evaluation
Practical Exercises Included
Participants will gain hands-on experience in:
- Preparing Cash Flow Statements
- Direct Method Calculations
- Indirect Method Calculations
- Working Capital Adjustments
- Cash Flow Analysis
- Financial Statement Interpretation
- Error Identification and Correction
- Audit Review Procedures
Common Cash Flow Statement Errors Discussed
The programme addresses common issues such as:
- Incorrect classification of transactions
- Missing adjustments
- Working capital calculation errors
- Depreciation treatment mistakes
- Inaccurate cash balances
- Reconciliation problems
- Disclosure deficiencies
- Audit observations relating to cash flow reporting
Public Sector Applications
Special attention will be given to:
- Government institution reporting requirements
- Public sector accounting practices
- Treasury reporting considerations
- Grant-funded project cash flows
- State corporation financial reporting
- Audit expectations and compliance requirements
Benefits of Attending
Participants Will Learn How To:
✔ Prepare Cash Flow Statements accurately
✔ Understand direct and indirect methods
✔ Improve financial reporting quality
✔ Reduce accounting and reporting errors
✔ Strengthen audit readiness
✔ Analyze organizational liquidity effectively
✔ Meet accounting standard requirements
✔ Support better financial decision-making
Why Choose PRAG Institute?
PRAG Institute has extensive experience in delivering professional accounting, auditing, financial management, and public sector training programmes across Sri Lanka.
Our programmes are designed to provide practical knowledge, real-world examples, and solutions to common challenges faced by finance professionals in government institutions and public enterprises.
Frequently Asked Questions
Is this programme suitable for beginners?
Yes. The programme starts with the fundamentals and progresses to advanced practical applications.
Will both direct and indirect methods be covered?
Yes. Participants will learn how to prepare cash flow statements using both methods.
Is the programme relevant to public sector accountants?
Absolutely. The programme includes examples and discussions relevant to government institutions and public sector organizations.
Will practical exercises be included?
Yes. Participants will work through real-life examples and cash flow statement preparation exercises.
Register for the Cash Flow Statements Preparation Training Programme
Build your confidence in preparing, analyzing, and interpreting cash flow statements while improving the quality of financial reporting within your organization.
Contact PRAG Institute
Phone: 0777 889838
Email: info@pragservice.com
Website: www.pragservice.com