Cash-flow is a forgotten statement. Regulators have said that compliance needs to improve. This session will examine the requirements of AASB 7 Statement of Cash Flows and look at how to audit them.
The session examines:
- The requirements of AASB 7
- Examples of disclosures
- How the quality of cash-flow statements can be improved through disclosures of accounting policies and judgements, and
- Audit procedures to be applied.