diff --git a/README.md b/README.md
index 1ece09f..e18f763 100644
--- a/README.md
+++ b/README.md
@@ -16,7 +16,7 @@ Commit: 9f622977c3dff5381dbaf49fa7984805e34649d3
 To install it, simply run:
 
 ```bash
-sh -ci "$(curl -fsSL https://raw.githubusercontent.com/onflow/flow-cli/master/install.sh)" -- v1.3.1
+sh -ci "$(curl -fsSL https://raw.githubusercontent.com/onflow/flow-cli/master/install.sh)" -- v1.5.0
 ```
 
 ## For Testing
@@ -24,7 +24,7 @@ sh -ci "$(curl -fsSL https://raw.githubusercontent.com/onflow/flow-cli/master/in
 To view code coverage results when running our tests, we can use:
 
 ```bash
-flow test --cover tests/test_foo_contract.cdc
+flow test --cover --covercode="contracts" tests/test_foo_contract.cdc
 ```
 
 The output will look something like this:
@@ -33,7 +33,7 @@ The output will look something like this:
 Test results: "tests/test_foo_contract.cdc"
 - PASS: testGetIntegerTrait
 - PASS: testAddSpecialNumber
-Coverage: 95.8% of statements
+Coverage: 93.3% of statements
 ```
 
 It looks like not all statements were covered by the test inputs. To view details for the coverage report,
@@ -42,7 +42,7 @@ we can consult the auto-generated `coverage.json` file:
 ```json
 {
   "coverage": {
-    "S.FooContract": {
+    "A.0000000000000007.FooContract": {
       "line_hits": {
         "14": 1,
         "18": 9,
@@ -65,7 +65,7 @@ we can consult the auto-generated `coverage.json` file:
       ],
       "statements": 15,
       "percentage": "93.3%"
-    },
+    }
   }
   ...
 }
@@ -74,13 +74,13 @@ we can consult the auto-generated `coverage.json` file:
 Note: We can use the `--coverprofile` flag if we wish to generate the coverage report to a different file.
 
 ```bash
-flow test --cover --coverprofile=codecov.json tests/test_foo_contract.cdc
+flow test --cover --covercode="contracts" --coverprofile=codecov.json tests/test_foo_contract.cdc
 ```
 
 We can also generate a coverage report for the LCOV format, to be used with CI/CD plugins such as Codecov and Coveralls.
 
 ```bash
-flow test --cover --coverprofile=codecov.lcov tests/test_foo_contract.cdc
+flow test --cover --covercode="contracts" --coverprofile=codecov.lcov tests/test_foo_contract.cdc
 ```
 
 All we need to do is give the file the `.lcov` extension.
@@ -89,7 +89,7 @@ The file will look something like this:
 
 ```bash
 TN:
-SF:S.FooContract
+SF:A.0000000000000007.FooContract
 DA:6,1
 DA:14,1
 DA:18,9
@@ -112,21 +112,21 @@ end_of_record
 
 Reading the JSON/LCOV file, we can see that for `FooContract` the line `27` was missed during the tests (not covered by any of the test inputs).
 
-To fix that, we can tweak the `testInputs` Dictionary on `tests/test_foo_contract.cdc` to observe how the coverage percentage changes. By uncommenting the line `14`, we now get:
+To fix that, we can tweak the `testInputs` Dictionary on `tests/test_foo_contract.cdc` to observe how the coverage percentage changes. By uncommenting the line `23`, we now get:
 
 ```bash
-flow test --cover tests/test_foo_contract.cdc
+flow test --cover --covercode="contracts" tests/test_foo_contract.cdc
 
 Test results: "tests/test_foo_contract.cdc"
 - PASS: testGetIntegerTrait
 - PASS: testAddSpecialNumber
-Coverage: 97.2% of statements
+Coverage: 100.0% of statements
 ```
 
 For some more realistic contracts and tests:
 
 ```bash
-flow test --cover tests/test_array_utils.cdc
+flow test --cover --covercode="contracts" tests/test_array_utils.cdc
 
 Test results: "tests/test_array_utils.cdc"
 - PASS: testRange
@@ -135,18 +135,14 @@ Test results: "tests/test_array_utils.cdc"
 - PASS: testMap
 - PASS: testMapStrings
 - PASS: testReduce
-Coverage: 94.3% of statements
+Coverage: 90.6% of statements
 ```
 
 Look at the files `contracts/ArrayUtils.cdc` (smart contract) and `tests/test_array_utils.cdc` (tests for the smart contract).
 For the `ArrayUtils.range` method, we have omitted the code branch where `start > end` on purpose. It is left as an exercise for the reader. Look at the comment on line 26 in `tests/test_array_utils.cdc`.
 
-Note that the above examples of tests could be best described as unit tests.
-
-An example of integration tests can be found in the `tests/test_string_utils.cdc` file, which tests the functionality of the `contracts/StringUtils.cdc` smart contract.
-
 ```bash
-flow test --cover tests/test_string_utils.cdc
+flow test --cover --covercode="contracts" tests/test_string_utils.cdc
 
 Test results: "tests/test_string_utils.cdc"
 - PASS: testFormat
@@ -162,25 +158,26 @@ Test results: "tests/test_string_utils.cdc"
 - PASS: testSubstringUntil
 - PASS: testSplit
 - PASS: testJoin
-Coverage: 88.0% of statements
+Coverage: 72.6% of statements
 ```
 
-The generated `coverage.json` file is somewhat more elaborate, for integration tests. By viewing its content, we find the following keys:
+The generated `coverage.json` file is somewhat more elaborate, for this test file. By viewing its content, we find the following keys:
 
-- `A.01cf0e2f2f715450.ArrayUtils`
-- `A.01cf0e2f2f715450.StringUtils`
-
-and some other locations.
+- `A.0000000000000007.ArrayUtils`
+- `A.0000000000000007.StringUtils`
 
 Locations that start with `A.` are contracts deployed to an account, ones that start with `s.` are scripts, and ones that start with `t.` are transactions.
 
-The `ArrayUtils` smart contract is imported by `StringUtils`, that's why it was deployed on the integration tests, and that's why it is included in the resulting coverage report.
+The `ArrayUtils` smart contract is imported by `StringUtils`, that's why it was also deployed, and
+that's why it is included in the resulting coverage report.
 
 **Note:** These two contracts are taken from: https://github.com/green-goo-dao/flow-utils. They are copied here for demonstration purposes. To get the original source code, visit the above repository.
 
-For viewing the coverage report of the `StringUtils` smart contract, we can just consult the value of the `A.01cf0e2f2f715450.StringUtils` key, in the `coverage.json` file.
+For viewing the coverage report of the `StringUtils` smart contract, we can just consult the value of the `A.0000000000000007.StringUtils` key, in the `coverage.json` file.
+
+Note that the above examples of tests could be best described as unit tests.
 
-There is also a more advance example of integration tests for the `ApprovalVoting` smart contract, which deals with resources, multi-sig transactions etc.
+There is also a more advanced example of integration tests for the `ApprovalVoting` smart contract, which deals with resources, script execution, multi-sig transactions etc.
 
 ```bash
 flow test --cover tests/test_approval_voting.cdc
@@ -196,7 +193,7 @@ Test results: "tests/test_approval_voting.cdc"
 - PASS: testCastVoteOnMissingProposal
 - PASS: testCastVote
 - PASS: testViewVotes
-Coverage: 94.1% of statements
+Coverage: 82.7% of statements
 ```
 
 ## For Emulator