Is cashflow standard up to the job?

What stage is the cashflow project currently in?

New IFRS accounting standard

Post-implementation review

Research project

Exposure draft

What is the main impact of IFRS 18 on the statement of cashflows?

Acquisition of property will be recorded in operating activities

Dividends paid will be recorded in operating activities

Tax paid will be recorded in financing activities

Interest paid will be recorded in financing activities

Which of the following statements is true? Statement 1, sales of property are recorded in investing activities. Statement 2, interest received is recorded in investing activities

Neither statement is true

Only statement 2 is true

Only statement 1 is true

Both statements are true

What change will be made to the statement of financial position under IFRS 18?

Inclusion of goodwill as a separate line item

Separation of different financial liabilities

No changes will be made

Changes to inventory valuation

Where does tax paid go in the statement of cashflows?

Operating activities

Tax cashflows

Financing cashflows

Investing cashflows

The indirect method can be used in calculating which cashflows?

This will no longer be allowed

Operating

Financing

Investing

Where will interest on raising financing be recorded in the statement of profit or loss?

Financing section

Operating section

Investing section

Interest section

Which of these statements is true? Statement 1, IFRS 18 contains the categories of operating, investing and financing. Statement 2, IAS 7 contains the categories of operating, investing and financing

Neither statement is true

Both statements are true

Only statement 2 is true

Only statement 1 is true

What is the current suggested outcome of the project from the IASB chair?

IAS 7 will be merged into the IFRS 18 project

The project will end with no changes

Targeted amendments to IAS 7 will be made

The creation of a new cashflow IFRS accounting standard

Which of the following statements is correct? Statement 1, research cashflows are recorded in operating activities. Statement 2, development cost cashflows are recorded in operating activities

Only statement 2 is correct

Only statement 1 is correct

Neither statement is correct

Both statements are correct

Is cashflow standard up to the job?

What stage is the cashflow project currently in?

What is the main impact of IFRS 18 on the statement of cashflows?

Which of the following statements is true? Statement 1, sales of property are recorded in investing activities. Statement 2, interest received is recorded in investing activities

What change will be made to the statement of financial position under IFRS 18?

Where does tax paid go in the statement of cashflows?

The indirect method can be used in calculating which cashflows?

Where will interest on raising financing be recorded in the statement of profit or loss?

Which of these statements is true? Statement 1, IFRS 18 contains the categories of operating, investing and financing. Statement 2, IAS 7 contains the categories of operating, investing and financing

What is the current suggested outcome of the project from the IASB chair?

Which of the following statements is correct? Statement 1, research cashflows are recorded in operating activities. Statement 2, development cost cashflows are recorded in operating activities

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