![]() The statement of cash flows analyses changes in cash and cash equivalents during a period. Fundamental principle in IAS 7Īll entities that prepare financial statements in conformity with IFRSs are required to present a statement of cash flows. The objective of IAS 7 is to require the presentation of information about the historical changes in cash and cash equivalents of an entity by means of a statement of cash flows, which classifies cash flows during the period according to operating, investing, and financing activities. ![]() IAS 7 amended by Annual Improvements to IFRSs 2009 with respect to expenditures that do not result in a recognised asset.Įffective date for amendments from IAS 27(2008) relating to changes in ownership of a subsidiaryĮffective date of the April 2009 revisions to IAS 7Īmended by Disclosure Initiative (Amendments to IAS 7)Įffective date of the January 2016 revisions to IAS 7Īmended by Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7)Įffective date of the May 2023 revisions to IAS 7Īmendments under consideration by the IASB Retitled from Cash Flow Statements to Statement of Cash Flows as a consequential amendment resulting from revisions to IAS 1 IAS 7 Statement of Changes in Financial Position
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |