Handbooks | March 2021

 

Insight

Handbook: Statement of cash flows

Latest edition: Our comprehensive guide to the statement of cash flows. Q&As and examples explain key concepts.

Valerie Boissou

Valerie Boissou

Partner, Dept. of Professional Practice, KPMG US

+1 212-954-1723

Ganesha Krishna Gandi

Ganesha Krishna Gandi

Senior Manager, Dept. of Professional Practice, KPMG US

+1 713-319-2328

Denae Hajovsky

Denae Hajovsky

Senior Manager, Dept. of Professional Practice, KPMG US

+1 210-227-9272


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

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