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Improving the Statement of Cash Flows

Background

On 20 October 2016 the Financial Reporting Council (FRC) initiated a project on improving the Statement of Cash Flows with the aim of identifying possible evolutionary improvements to the statement of cash flows as currently required by IAS 7.

The project was intended to stimulate debate and provide feedback which will be of interest to the IASB as part of their project on Primary Financial Statements.

as part of their project on Primary Financial Statements.

Current status of the project

The FRC issued its discussion paper Improving the Statement of Cash Flows on 20 October 2016. 

A feedback statement was published by the FRC in July 2017.

improving the Statement of Cash Flows

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