IASB issues 'Investor Perspectives' on cash flows
23 Mar, 2015
The International Accounting Standards Board (IASB) has released a new edition in its 'Investor Perspectives' series. In this edition, guest contributors Nick Anderson, Gunnar Miller and Tanya Branwhite discuss the proposed debt amendments to IAS 7 "Statement of Cash Flows".
The three-page newsletter discusses the "modest" changes proposed to IAS 7 for additional disclosure requirements.
[T]he proposed changes will require companies to reconcile the movement in debt from one period to another. Combining this with the existing information from the cash flow statement will facilitate a net debt reconciliation.