IFRS – Statement of Cash Flows – IAS 7

1.5

Total CPE

Tuition
$165.00

Approximate Length
01:30:00

Course Number
19-WB-485

1.5

Total CPE

Tuition
$165.00

Approximate Length
01:30:00

Course Number
19-WB-485

Course Details

This 1.5-hour, CPE-eligible, interactive, web-based self-study is part of the IFRS curriculum. It is intended to provide an introduction to presentation of cash flow information in the Statement of Cash Flows under the direct and indirect methods under IAS 7.

By the end of this course, participants should be able to:

identify requirements in IAS 7, including the scope, objective, definitions and guidance for reporting cash flows
classify different transactions in a statement of cash flows
identify differences between the direct and indirect method for presenting operating cash flows
prepare a statement of cash flows based on the direct method and on the indirect method
identify the disclosure requirements of IAS 7, including items to be disclosed separately (i.e.,non-cash transactions, changes in liabilities arising from financing activities and acquisitions, and disposals of subsidiaries or other business units).

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Presentation of Financial Statements - 205, Statement of Cash Flows - 230, Statement of Cash Flows - IAS 7, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

Level of Knowledge: Basic
Field of Study: Accounting - 1.5
Delivery Method: Web Based Self Study