XBRL Statements: Cash Flow, Income Statement, Balance Sheet
This course is part of the XBRL U.S. GAAP Certificate Program
This course will focus on XBRL tagging of the Balance Sheet, Income Statement, and Cash Flow Statements, using the US GAAP Taxonomy, with a focus on specific issues and best practices to follow when working on these statements.
• Understand how to handle special situations for tagging the balance sheet including: variable interest entities, presentation of parent companies and subsidiaries and multiple entities, and reporting of fair value components
• Explore the areas of the income statement, which can cause inconsistencies between filings
• Understand the structure of the US GAAP Taxonomy for cash flow elements and assigning the proper weight and sign values
• Learn different ways to show the impact of discontinued operations on the cash flow statement
Advance Preparation: None
NOTE: Information provided in the Certificate Program teaches application of tagging XBRL financial statements even though content may or may not be based on the most current release of the US GAAP Taxonomy. The Securities and Exchange Commission requires companies to use an approved taxonomy. Filers are responsible for checking the Securities and Exchange Commission's website for the most current release.