FRS 102 Section 7 Statement of Cash Flows sets out how information about the changes in cash and cash equivalents of an entity should be presented for operating, investing and financing activities.
The requirements regarding cash flow statements are set out as part of FRS 102. However, individual sections of the standard should not be looked at in isolation as other parts may be relevant.
FRS 102 is regularly updated and amended by the Financial Reporting Council (FRC). For the full text of FRS 102, guidance on which version of the standard to apply and notes on recent amendments, see our main FRS 102 page.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
Technical helpsheet to help members understand when a charity requires a Statement of Cash Flows (often referred to as a cash flow or a cash flow statement).
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Bloomsbury Accounting and Tax Service.
Chapter providing practical guidance for unlisted companies on preparing a statement of cash flows under FRS 102, section 7. This detailed guide by Steve Collings has been comprehensively updated to reflect all changes made to UK and Ireland accounting standards up to November 2022.
A chapter on cash flow statements under FRS 102, in this accessible introduction to the accounting rules relevant to tax computations in the UK. Includes sections on FRS 102, Section 7 'Statement of cash flows' and the taxation consequences. Written for tax practitioners who wish to gain a better understanding of accounting rules in the UK.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.
The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.
Fully updated guide focusing on each area of the financial statement in detail with illustrative examples. This chapter gives a comparison of FRS 102 Section 7 and IFRS, explains the requirements of Section 7, and highlights practical implementation issues.
A practical manual for preparing new UK GAAP-compliant disclosures. This chapter discusses preparing cash flow statements, cash and cash equivalents, reconciliation to the balance sheet, non-cash transactions, foreign currency transactions, consolidated statement of cash flows, and specific items.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Model accounts and disclosure checklists for UK GAAP
The ICAEW Library can provide model accounts and disclosure checklists for FRS 101, FRS 102, FRS 102 Section 1A, FRS 103 and FRS 105. The examples and checklists cover a broad range of entities, including small companies, charities, groups, LLPs and micro-companies.
Some guides and comparisons that we link to may pre-date the latest amendments to this standard. While these resources contain useful information, please treat them with appropriate caution.
Fact Sheet 3 – FRS 102: Illustrative Statement of Cash Flows
FRC, December 2018
FRC staff factsheet illustrating the format of the statement of cash flows prepared in accordance with Section 7 Statement of Cash Flows, with examples. It looks at exemptions from presenting a cash flow statement, reporting cash flows from operating activities, and disclosures.
The ICAEW Library stocks the latest UK GAAP handbooks and manuals. You can browse all our books on FRS 102 and cash flow statements or request any of the following popular titles by contacting us on +44 (0)20 7920 8620, by web chat, or at library@icaew.com
GAAP 2019: UK reporting – FRS 102 (Volume B)
Deloitte, Croner-i, 2019
Comprehensive manual explaining how to apply FRS 102, with worked examples and extensive interpretation and guidance. The chapter on statement of cash flows covers reporting cash flows from operating activities, investing and financing activities, and on a net basis. It also looks at foreign currency cash flows, interest and dividends, analysis and reconciliation of net debt, and changes in ownership interests in subsidiaries.
Manual of accounting: UK GAAP
PwC, Lexis Nexis, 2019
Practical guide with worked examples throughout, dealing with day-to-day issues as well as complex questions. The chapter on statement of cash flows explains the classification of cash flows by standard headings, consolidated cash flow statements, foreign currency, and disclosure.
Find out more about how you can borrow books from the ICAEW Library or get articles and documents sent to you through our document delivery service.
Get an opinion from the experts. Our experienced technical advisors can help you with your UK GAAP questions and offer practical advice. Call the advisory helpline on +44 (0)1908 248 250.
Find out more about the Technical and ethics advisory helpline, including our opening hours.
If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.