29. January 2016
As part of its Disclosure Initiative, the IASB issued amendments to IAS 7 Statement of Cash Flows today. The main purpose of the amendments is to provide additional notes disclosure that should help users of financial statements to evaluate changes in liabilities arising from entity’s financing activities
An entity shall apply those amendments for annual periods beginning on or after 1 January 2017. Earlier application is permitted. When the entity first applies those amendments, it is not required to provide comparative information for preceding periods. (IASB press release)
The Amendment is available under this link.