Handbooks  |  May 2019

Handbook: Statement of cash flows

KPMG explains ASC 230 cash flow classification issues and noncash disclosure requirements in detail. We provide Q&As and examples, and discuss the impact of recently effective amendments to the Codification.


ASC Topic 230

  • All companies

Relevant dates

  • Effective immediately

Key impacts

  • Provides interpretive guidance on ASC 230, including illustrative examples and Q&As, and addresses specific statement of cash flows issues
  • Explains the impact of recently effective amendments to the Codification, including the following ASUs:
  • Updated for the amendments ASU 2018-07 and ASU 2019-01 and other practice issues such as leases, derivatives and debt arrangements

Report contents

  • Format of the statement of cash flows
  • Classification principles
  • Interim reporting
  • Cash, cash equivalents and restricted cash
  • Working capital accounts
  • PP&E and other productive assets
  • Investments
  • Securitizations and other transfers of financial assets
  • Lending activities
  • Debt financing transactions for debtors
  • Derivative instruments
  • Leases – Topic 842
  • Leases – Topic 840
  • Employee benefit plans
  • Share-based payment arrangements with employees
  • Insurance premiums and proceeds
  • Business combinations
  • Transactions with shareholders
  • Discontinued operations
  • Foreign currency matters
  • Not-for-profit entities
  • Other cash flow presentation matters

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Valerie Boissou

Valerie Boissou

Partner, Audit, KPMG (US)

+1 212-954-1723
Timothy Phelps

Timothy Phelps

Partner, DPP, KPMG US

+1 212-872-3249



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