Welcome to the IAS 7 Statement of Cash Flows (Updated in 2016) e-learning module
This module covers the background, scope and principles under IAS 7 Statement of Cash Flows and the application of this Standard. The module incorporates amendments to IAS 7 issued in January 2016. By completion of this module, you will be able to:
Classify cash flows as operating, investing and financing activities, including interest, dividends and income taxes
Describe the two presentation methods (direct and indirect) of the statement of cash flows
Identify the cash flows relating to the investments in subsidiaries, associates and joint ventures to be presented in the consolidated statement of cash flows
Classify the cash flows arising from changes in ownership interest in the statement of cash flows and describe the relevant disclosure requirements under IAS 7
Describe the disclosure requirements for components of cash and cash equivalents, non-cash transactions related to leases, foreign currencies and financial instruments
The duration of this module is about 1 hour and there is an assessment at the end of the module to test your knowledge.
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