CERTYNEX IFRS ACADEMY

Orlane prepares its statement of cash flows and has to present the cash flows of a subsidiary that receives foreign currency. In which standard does it find the requirements for presenting these foreign currency cash flows?

IAS 21 alone, which sets the presentation of every statement of cash flows.

IFRS 9, which deals with the presentation of cash flows from financial instruments.

IAS 1 alone, which specifies the currency in which each cash flow is translated.

IAS 7, which deals with the presentation of cash flows in foreign currency.