31/10/2023 - SAVE THE DATE - Roundtable on the Statement of Cash Flows – Is there a need for change ? – Users and Academics - 1 December 2023
EFRAG invites users and academics to a roundtable discussion on its proactive research project on the statement of cash flows. The targeted outreach event will focus on identifying the objectives/uses of and the issues with how the statements of cash flows are currently prepared.
This online event will take place on 1 December 2023, from 12.00 to 15.00 CET. Register here.
EFRAG is organising a roundtable on the proactive research project Statement of Cash Flows for users and academics . The discussion will focus on the objectives and uses of the statement of cash flows, and issues with how the statement of cash flows is currently prepared under the requirements of IAS 7 Statement of Cash Flows.
Following the 2021 consultation on EFRAG’s research agenda, EFRAG started its research project on the statement of cash flows. The project is intended to provide useful input for the IASB’s research project. EFRAG is planning to issue a Discussion Paper for public comments that will:
(a) List, and shortly discuss, different alternative objectives/uses of the statement of cash flows. This will include considering whether the statement should reflect changes in cash, changes in cash and cash equivalents or changes in working capital or net debt.
(b) List the issues with current requirements/practice. The issues would be categorised/labelled according to which objective/use of the statement of cash flows (in (a)) they would be related to.
(c) Discuss whether the IASB could consider the issues by targeted amendments to IAS 7, or a comprehensive review would be necessary to deal with the issues in a satisfactory manner.
The roundtable discussions are intended to receive input for (a) and (b) listed above.
This closed roundtable focuses on users and academics. Every participant has speaking rights and is expected to exchange their views.
The event will be held online on 1 December 2023, from 12.00 to 15.00 CET.
We will have separate roundtables for preparers and auditors of corporates (27 November 2023 or 4 December 2023), and for financial institutions and auditors of financial institutions (17 November 2023).
Please register here to participate. For questions, please contact Ioanna Michailidi (ioanna.michailidi@efrag.org) or Kathrin Schöne (kathrin.schoene@efrag.org).
