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09/29/2024 | News release | Distributed by Public on 09/29/2024 14:04

IASB launches review of the statement of cash flows

Posted on September 29, 2024 by Editor

The International Accounting Standards Board (IASB) has launched a research project to review and improve the requirements for the statement of cash flows under IFRS Accounting Standards.

This project was identified as a high priority by stakeholders during the IASB's Third Agenda Consultation, particularly from investors seeking enhancements to IAS 7 for more useful financial information.

The IASB will conduct initial research and gather stakeholder input, with outcomes to be discussed in early 2025.

Read more here.