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Direct and Indirect Cash Flow Course

Direct and Indirect Cash Flow Course
from 4 to 360h flexible workload
valid certificate in your country

What will I learn?

You will learn how to prepare the operating, investing, and financing sections of the cash flow statement under both the direct and indirect methods. The course covers working capital adjustments, non-cash add-backs, and the reconciliation procedures required to verify statement accuracy. You will also calculate key cash flow ratios, assess earnings quality, and build forward-looking cash projections using scenario analysis. Advanced topics include consolidated statements, lease and debt restructuring impacts, and cash flow applications in mergers and acquisitions. By the end, you will be able to interpret cash flow patterns, detect manipulation, and present findings clearly to finance and non-finance audiences.

Elevify advantages

Develop skills

  • Cash Flow Statement Preparation: Build complete direct and indirect method operating sections from raw data.
  • Working Capital Analysis: Identify how balance sheet changes drive operating cash flow adjustments.
  • Cash Flow Forecasting: Construct multi-scenario projections linking revenue assumptions to cash timing.
  • Earnings Quality Assessment: Evaluate whether reported net income is supported by real operating cash.

Suggested summary

Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.
Workload: between 4 and 360 hours

What our students say

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