Handbook: Statement of cash flows

KPMG explains cash flow classification issues and noncash disclosure requirements in detail. We provide interpretive guidance on ASC 230, including illustrative examples and Q&As. New in this edition, we address specific statement of cash flows issues including government grants, revolving facilities, funds held for others, tax paid under group tax-sharing agreements and payments for IPR&D.

Applicability

ASC 230

• All companies

Relevant dates

• Effective immediately

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 – ASC 842
• Leases – ASC 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

Related content