Combining statement of cash flows.

• Position: Cash flows in the California Society of Certified Public Accountants

California Society of Certified Public Accountants | California Certified Public Accountants Education Foundation

Year Ended April 30, 2014 (Amounts Expressed In Thousands) Society Institute Eliminations Operating Activities: Change in net assets $ 1,620 $ 7 Reconciliation of change in net assets to cash provided by operating activities: Net realized and unrealized (379) (61) gain on investments Depreciation and amortization 449 Loss on disposal of fixed 6 assets Changes in operating assets and liabilities: Accounts receivable, net (70) Other receivables (81) 62 Receivable - affiliates 47 Receivable - (308) 59 inter-organization Prepaid expenses and other (83) (1) Other assets (8) Accounts payable 44 46 Accrued expenses 134 5 Deferred revenues (220) 23 Deferred lease costs, net (62) Net cash provided by operating 1,089 140 activities Investing Activities: Purchases of investments (9,741) (587) Proceeds from sales of 9.172 519 investments Purchases of fixed assets (262) Proceeds from sales of fixed 6 assets Net cash used by investing (825) (68) activities Net Increase in Cash and 264 72 Equivalents Cash and Equivalents, beginning 6,185 926 of year Cash and Equivalents, end of $ 6,449 $ 998 $ - year Consolidated Foundation Total Operating Activities: Change in net assets $ 1,627 $ 486 Reconciliation of change in net assets to cash provided by operating activities: Net realized and unrealized (440) (465) gain on investments Depreciation and amortization 449 218 Loss on disposal of fixed 6 5 assets Changes in operating assets and liabilities: Accounts receivable, net (70) (41) Other receivables (19) 20 Receivable - affiliates 47 Receivable - (249) 249 inter-organization Prepaid expenses and other (84) (15) Other assets (8) Accounts payable 90 9 Accrued expenses 139 24 Deferred revenues (197) (299) Deferred lease costs, net (62) 13 Net cash provided by operating 1,229 204 activities Investing Activities: Purchases of investments (10,328) (8,178) Proceeds from sales of 9.691 8,047 investments Purchases of fixed assets (262) (69) Proceeds from sales of fixed 6 assets Net cash used by investing (893) (200) activities Net Increase in Cash and 336 4 Equivalents Cash and Equivalents, beginning 7,111 2,259 of year Cash and Equivalents, end of $ 7.447 $ 2.263 year Eliminations Combined Total Operating Activities: Change in net assets $ 2,113 Reconciliation of change in net assets to cash provided by operating activities: Net realized and unrealized...