Ind As 7 Statement Of Cash Flows

Short and Crisp Course

What you'll learn
Cash Flow Statement
Presentation of Statement of Cash Flow
Reporting Cash Flow from Operating Activities
How to factor Foreign Currency Cash Flows
Requirements
Basic knowledge of Accounting
Basic knowledge of Accounting Standards
Description
Are you a student pursuing CA / CMA or a Finance & Accounts Exectuvies or a Finance Professional interested in improving your knowledge base in Ind AS especially Cash Flow Statement? Then this course is for you!Ind AS 7 focuses on the preparation and presentation of Statement of Cash Flows. Users of financial statements will be interested in understanding, how the entity has generated cash and where it has been used. This Ind AS  enables that by prescribing the framework for the preparation and presentation of cash flow statements. By taking this course, you will learnMeaning of Statement of Cash FlowsObjective & Scope of Ind AS 7Benefits of Cash Flow InformationKey DefinitionsCash and Cash EquivalentsPresentation of Statement of Cash FlowReporting Cash Flows from Operating ActivitiesReporting Cash Flows on Net BasisForeign Currency Cash FlowsInterest and DividendTaxes on IncomeChanges in Ownership Interest in Subsidiaries and other businessesThis course is structured in a self-paced learning style. Requesting you to use your headphones for a better learning experience. Also, keep a note pad & pen alongside to take keynotes.See you inside the course!More about Ind AS:What are Ind AS?Ind AS stands for Indian Accounting standards and are converged standards for International Financial Reporting standards (IFRS). Ind AS came into existence to meet the requirements of IFRS. The Government of India in consultation with ICAI decided to converge and not to adopt IFRS issued by the International Accounting standards Board (IASB).Ind AS was issued by Central Government of India under the supervision and control of Accounting Standards Board (ASB) of ICAI and in consultation with National Advisory Committee on Accounting Standards (NACAS). National Advisory Committee on Accounting Standards (NACAS) recommends these standards to the Ministry of Corporate Affairs (MCA).The Ministry of Corporate Affairs (MCA) in 2015, had notified the Companies (Indian Accounting Standards (IND AS) Rules 2015 for adoption and implementation of IND AS in a phased manner beginning from Accounting year 2016-17.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Meaning of Statement of Cash Flows

Lecture 3 Objective of Ind AS 7

Lecture 4 Benefits of Cash Flow Information

Lecture 5 Scope and Important Definitions

Section 2: Cash and Cash Equivalents

Lecture 6 Cash and Cash Equivalents

Lecture 7 Illustration 1: Cash and Cash Equivalents

Section 3: Presentation of Statement of Cash Flows

Lecture 8 Cash Flows from Operating Activities

Lecture 9 Illustration 2: Cash Flows from Operating Activities

Lecture 10 Significance of Cash Flows from Operating Activities

Lecture 11 Certain Specific Issues

Lecture 12 Cash Flow from Investing Activities

Lecture 13 Illustration 3: Cash Flows from Investing Activities

Lecture 14 Cash Flow from Financing Activities

Lecture 15 Illustration 4: Cash Flows from Operating, Investing & Financing Activities

Lecture 16 Illustration 5: Cash Flows related to Factoring Arrangement

Lecture 17 Reporting Cash Flow from Operating Activities

Lecture 18 Illustration 6: Direct and Indirect Method

Lecture 19 Reporting Cash Flow on Net Basis

Lecture 20 Foreign Currency Cash Flows

Lecture 21 Interest and Dividends

Lecture 22 Taxes on Income

Lecture 23 Changes in Ownership Interest in Subsidiary and other entities

Accounting Executives,Finance Executives,Bank Executives,Finance Professionals,CA CMA CS Students,Finance Course Students