Learning outcomes

What will you learn?

The objective and scope of IAS 7 and the importance of cash flow information in financial reporting.

How to classify and present cash flows from operating, investing, and financing activities.

Differences between the direct and indirect methods for reporting operating cash flows.

The role of cash and cash equivalents and their correct identification and disclosure.

How to report interest, dividends, foreign currency cash flows, and taxes in line with IAS 7.

Recent amendments including supplier finance arrangements and enhanced disclosure requirements.

Course content

Participants

Who is this course designed for?

Accounting and finance professionals aiming to strengthen their IFRS reporting skills.

Auditors and analysts involved in reviewing cash flow statements.

Financial managers and controllers working in multinational environments.

Students and trainees preparing for professional accounting qualifications.

Pre-requisites

Necessary Qualifications

Foundational knowledge of financial accounting and financial statements.

Familiarity with basic IFRS principles is recommended.

Experience with financial reporting or auditing will enhance understanding.

Course Content

What will you study?

Objective and scope of IAS 7

Benefits of cash flow information

Definitions of cash, cash equivalents, and cash flows

Classification of cash flows: operating, investing, and financing activities

Direct vs. indirect method for operating cash flows

Reporting interest, dividends, and income taxes

Cash flows in foreign currencies

Non-cash transactions and changes in liabilities from financing activities

Supplier finance arrangements and new disclosure requirements

Components and presentation of cash and cash equivalents