Cash Flow Statement

Then they could submit a variation for consideration under localisations, if the report existed.

However, as all the standards require the same basic format, that is - the cash flows be classified and presented in one of three categories: operating, investing or financing - therefore any differences between the standards are mainly interruptions, such as, are bank overdrafts part of cash equivalents or not.

Anyhow, as previously stated “that any Manger generated Cash Flow Report would only be a draft”, (never absolute) so all users would have an opportunity to make any standard required adjustments.

For a comparison between GAAS and IFRS read Appendix D of this document:
https://www.iasplus.com/en-us/publications/us/roadmap-series/cash-flows/file

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