Foreign currency cash flows (IAS 7)

Learning objectives

• Recognise that the presentation of foreign currency cash flows is dealt with in IAS 7.L2

Normative references

• IAS 21 §7Outside the scope: the presentation, in the statement of cash flows, of cash flows arising from foreign currency transactions and the translation of the cash flows of a foreign operation, which fall within IAS 7.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

1 question

• 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?L2