What type of EU entity must adopt IAS 7?

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IAS 7 must be adopted by all entities that prepare their financial statements in accordance with IFRS Explanation IAS 7 must be adopted by all entities that prepare their financial statements in accordance with IFRS This means that all companies listed on EU stock exchanges and all companies that report under IFRS must adopt IAS 7 IAS 7 provides guidance on how to prepare and present cash flow statements The standard requires companies to present cash flows from operating investing and financing activities IAS 7 also requires companies to provide disclosures about their cash flow statement ...View the full answer

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