This session on IAS® 7 statements of cash flows, deals with the fourth primary financial statement an entity is required to present under IFRS. 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. This course will take you through the contents of IAS 7 to help enable you to present cash flow statements.

Learning outcomes

On completion of this online course, you will gain an understanding of the:

  • focus of a cash flow statement: cash and cash equivalents
  • categorisation of cash flows between the three main categories: operating, investing and financing
  • presentation of operating cash flows under the direct and indirect methods
  • degree to which cash flows can be offset
  • impact of foreign currencies
  • presentation options for interest and dividends
  • additional disclosures required.

Authored by Bruce Cowie

Bruce Cowie is the Head of Financial Reporting Programmes at BPP Professional Development. He has been training full time in Financial Reporting topics since 1985, and has an expertise in IFRS, UK GAAP and US GAAP. He has trained across the world (e.g. USA, Europe, APAC, Australia, Argentina) for large multinationals, small and medium sized companies, accounting firms, professional bodies and Government entities, and still maintains a genuine love for his subjects. He has spent a considerable time in training firms for the transition to IFRS and to the new UK GAAP.

Key information:

  • learn at your own pace
  • help meet your annual CPD requirements
  • develop your own learning needs.

BPP is a leading provider of online technical CPD for accounting professionals. 

Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers.