IAS 7 Statement of Cash Flows—Changes in liabilities arising from financing activities (Agenda Paper 7)

Date recorded:


In its June 2019 meeting, the Committee discussed a submission setting out feedback from users of financial statements ('investors') in relation to the disclosure relating to changes in liabilities arising from financing activities applying IAS 7. The Committee published a tentative agenda decision.

Most of the respondents agreed with the Committee's decision not to add the matter to its standard-setting agenda. One respondent suggested that the Committee could comment only on the interaction between the disclosures required by IAS 7 and the disclosure objective in IAS 7:44A, rather than the interaction between the disclosure requirements in IAS 7 and investors' needs.

Staff analysis

The staff agreed with the comment received and suggested removing the reference to investors’ needs in the tentative agenda decision. The staff also agreed with the respondent's comments to remove some of the repetition in quoting IAS 7.

Staff recommendation

The staff recommend finalising the agenda decision subject to the above-mentioned changes.


Most of the Committee members agreed with the staff conclusion, though some were not sure about how this agenda decision will change the practice of the preparers. The Committee decided, by a majority of votes, to finalise the agenda decision.

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