ias7 - IAS 7 International Accounting Standard 7 Statement...

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IAS 7 © IASCF A337 International Accounting Standard 7 Statement of Cash Flows This version includes amendments resulting from IFRSs issued up to 31 December 2009. IAS 7 Cash Flow Statements was issued by the International Accounting Standards Committee in December 1992. It replaced IAS 7 Statement of Changes in Financial Position (issued in October 1977). In April 2001 the International Accounting Standards Board resolved that all Standards and Interpretations issued under previous Constitutions continued to be applicable unless and until they were amended or withdrawn. Since then, IAS 7 and its accompanying documents have been amended by the following IFRSs: IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors (issued December 2003) IAS 21 The Effects of Changes in Foreign Exchange Rates (as revised in December 2003) IFRS 8 Operating Segments (issued November 2006) * IAS 23 Borrowing Costs (as revised in March 2007) * IAS 1 Presentation of Financial Statements (as revised in September 2007) * IAS 27 Consolidated and Separate Financial Statements (amended in January 2008) Improvements to IFRSs (issued May 2008) * Improvements to IFRSs (issued April 2009). § As a result of the changes in terminology made by IAS 1 in 2007, the title of IAS 7 was changed to Statement of Cash Flows . * effective date 1 January 2009 effective date 1 July 2009 § effective date 1 January 2010
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IAS 7 A338 © IASCF C ONTENTS paragraphs INTERNATIONAL ACCOUNTING STANDARD 7 STATEMENT OF CASH FLOWS OBJECTIVE SCOPE 1–3 BENEFITS OF CASH FLOW INFORMATION 4–5 DEFINITIONS 6–9 Cash and cash equivalents 7–9 PRESENTATION OF A STATEMENT OF CASH FLOWS 10–17 Operating activities 13–15 Investing activities 16 Financing activities 17 REPORTING CASH FLOWS FROM OPERATING ACTIVITIES 18–20 REPORTING CASH FLOWS FROM INVESTING AND FINANCING ACTIVITIES 21 REPORTING CASH FLOWS ON A NET BASIS 22–24 FOREIGN CURRENCY CASH FLOWS 25–28 INTEREST AND DIVIDENDS 31–34 TAXES ON INCOME 35–36 INVESTMENTS IN SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES 37–38 CHANGES IN OWNERSHIP INTERESTS IN SUBSIDIARIES AND OTHER BUSINESSES 39–42B NON-CASH TRANSACTIONS 43–44 COMPONENTS OF CASH AND CASH EQUIVALENTS 45–47 OTHER DISCLOSURES 48–52 EFFECTIVE DATE 53–56 BASIS FOR CONCLUSIONS ILLUSTRATIVE EXAMPLES A Statement of cash flows for an entity other than a financial institution B Statement of cash flows for a financial institution FOR THE ACCOMPANYING DOCUMENTS LISTED BELOW, SEE PART B OF THIS EDITION
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IAS 7 © IASCF A339 International Accounting Standard 7 Statement of Cash Flows (IAS 7) is set out in paragraphs 1–56. All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB. IAS 7 should be read in the context of its objective and the Basis for Conclusions, the Preface to International Financial Reporting Standards and the Framework for the Preparation and Presentation of Financial Statements . IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.
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