International Accounting Standard 7: Statement of Cash Flows or IAS 7 is an accounting standard that establishes standards for cash flow reporting used in International Financial Reporting Standards.
A statement of cash flows for the periods, is an integral "Component of financial statements" as per IAS 1 — Presentation of Financial Statements.
History of IAS 7
IAS 7 was reissued in December 1992, retitled in September 2007, and is operative for financial statements covering periods beginning on or after 1 January 1994.
||Exposure Draft E7 Statement of Source and Application of Funds
||IAS 7 Statement of Changes in Financial Position
||Exposure Draft E36 Cash Flow Statements
||IAS 7 (1992) Cash Flow Statements
|1 January 1994
||Effective date of IAS 7 (1992)
|6 September 2007
||Retitled from Cash Flow Statements to Statement of Cash Flows as a consequential amendment resulting from revisions to IAS 1
|16 April 2009
||IAS 7 amended by Annual Improvements to IFRSs 2009 with respect to expenditures that do not result in a recognised asset.
|1 July 2009
||Effective date for amendments from IAS 27(2008) relating to changes in ownership of a subsidiary
|1 January 2010
||Effective date of the April 2009 revisions to IAS 7
- IASB (International Accounting Standards Board)