IFRS: Statements of Cash Flows (IAS 7) and Interim Reporting (IAS 34)

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  • Location
    • Your Space
      Your Space
      Self Study - AICPA, ID 00000
  • Credits
    • 1.00
  • Credit Type(s)
    • Accounting (1.00)
  • Prerequisites
    • Familiarity with financial reporting and accounting principles under IFRS

  • Vendor
    • AICPA
  • Level
    • Basic
  • Fields of Study
    • Accounting
  • Message
    • When & Where You Want

Description

Provides a foundational overview of IAS 7, Statement of Cash Flows and IAS 34, Interim Reporting.

Designed For

  • Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
  • Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Objectives

  • Recognize the format of the statement of cash flows.
  • Distinguish cash flows as being related to financing, investing, or operating activities.
  • Identify required disclosures for a statement of cash flows.
  • Recognize the format of the IFRS-required financial statements.
  • Identify components of the statement of cash flows and related presentation requirements.
  • Identify the requirements for interim reports.

Highlights

  • The Statement of Cash Flows
  • Direct method
  • Indirect method
  • Operating, investing, and financing activities
  • Interim reporting

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