IAS 7 - statement of cash flows


This course on IAS 7 - statement of cash flows, deals with the fourth financial statement an entity is required to present. This is the only statement that is not covered in IAS 1. Unlike many national accounting rules IAS 7 requires all entities to present a cash flow statement as an integral part of the financial statements (1). Given that the purpose of IFRS information is to enable users of financial statements to predict cash flows this course will take you through the contents of IAS 7 to help enable you to present cash flow statements

Learning Outcomes:

By the end of the course you will have an understanding of:

  • the definition of cash and cash equivalents
  • three main headings: operating, investing and financing
  • direct or indirect method
  • some netting allowed
  • actual or average exchange rates
  • interest and dividends can be classified in any way
  • disclosures

Authored by: Christopher Nobes BA, PhD, FCCA

Professor of Accounting at Royal Holloway, University of London. Professor Nobes was UK representative on the Board of the International Accounting Standards Committee from 1993 to 2001. He is vice-chairman of the accounting working group of the Fédération des Experts Comptables Européens. He is the author of twelve books including the FT Reports Interpreting French Company Reports and German Accounting Explained.

A CPD certificate of completion will be provided by BPP Professional Education Limited upon successful completion of the online course.

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

Price: £35.00 (excludes VAT)