The statement of cash flows provides critical insights into an entity’s liquidity and financial health — yet it remains one of the most misunderstood financial statements.
In this session, we take a fresh look at the requirements of AASB 107 / IAS 7 and explore practical challenges and evolving expectations. Building on our earlier GAAPinars on the going concern basis, this session highlights the importance of sound judgement and clear disclosure.
Key topics include:
- Key principles and classifications under AASB 107 / IAS 7
- Recent updates on liabilities from financing activities and supplier finance arrangements
- Judgement calls and common challenges in classification and presentation
- Disclosure of material accounting policies, with real-world examples
