IFRS® Accounting Standards

Statement of Cash Flows and Related Matters

Summary

The Accounting Standards Board (AcSB) is participating in the International Accounting Standards Board’s (IASB) research project on statement of cash flows and related matters. This project was started in response to feedback on the IASB’s Third Agenda Consultation.

Staff Contact(s)

Angela Alfieri, CPA Auditor Principal, Accounting Standards Board

+1 514 285 5039

[email protected]

Jamie Goodman, CPA, CA Principal, Accounting Standards Board

+1 416 204 3294

[email protected]

Project Status

Information gathering

The AcSB approved performing research in June 2023 to understand the usefulness of the Statement of Cash Flows and whether there are other cash flow measures more relevant to financial statement users

The research findings were presented at the IASB’s Accounting Standards Advisory Forum and other international meetings in 2024
Approving project

The IASB commenced its research project in September 2024 and is conducting research to inform the scope of its project
Engaging communities
Deliberating feedback
Final pronouncement

Meeting & event summaries

July 13, 2023

AcSB Decision Summary – June 21-22, 2023

The AcSB discussed and approved a research project proposal on the topic of cash flow reporting. The Board is performing research to understand the usefulness of the Statement of Cash Flows and whether there are other cash flow measures more relevant to financial statement users. The Board intends to use this research to inform future international discussions, given the IASB has a research pipeline project on the Statement of Cash Flows and Related Matters.

Disclaimer

This project summary has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on this project, which may change after further Board deliberations. Decisions to publish Handbook material are final only after a formal voting process.