Masterclasses & Workshops
IAS 7 Statement of cash flows
The seminar will address issues as:
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The role & usability of the statement of cash flows.
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Its connection with the other 3 financial statements as prescribed by IAS 1 Presentation of Financial Statements, i.e. the statement of profit or loss and other comprehensive income, the statement of changes in equity and the statement of financial position.
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Differences between separate and group statement of cash flows.
Duration: 8 hours
Suitable for: financial accountants and DipIFR (awarded by ACCA) graduates (IAS 7 is not part of the DipIFR syllabus).
Indicative content:
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The direct and the indirect method.
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Accrual vs. cash accounting.
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Mainstream elements recognized in the separate cash flow statements.
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Mainstream elements recognized in the group cash flow statements.
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Preparation of a separate and a group statement of cash flows.