During this 90-minute webcast, specialists from PwC’s national office will provide an overview of the general principles that guide classification within the statement of cash flows. They will also explain the new guidance recently issued by the FASB on some specific classification questions and forthcoming guidance recently ratified by the FASB on the presentation of restricted cash. The webcast will provide illustrative examples of the classification of common cash payments and receipts.
Note: At the time that this webcast was recorded the new guidance on restricted cash was pending final issuance. The new guidance has since been released as a final ASU. The key points on the pending guidance as discussed in this webcast are still accurate as the final guidance was issued without change from what we had discussed on the webcast.