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 ofStatement 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 learn

• Meaning of Statement of Cash Flows

• Objective & Scope of Ind AS 7

• Benefits of Cash Flow Information

• Key Definitions

• Cash and Cash Equivalents

• Presentation of Statement of Cash Flow

• Reporting Cash Flows from Operating Activities

• Reporting Cash Flows on Net Basis

• Foreign Currency Cash Flows

• Interest and Dividend

• Taxes on Income

• Changes in Ownership Interest in Subsidiaries and other businesses

This 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.