Changes to Statement of Cash Flow-IAS 1 to IFRS 18

This video covers the change from IAS 1 to IFRS 18 with a focus on change in FORMAT and presentation. IAS 1 allowed flexibility in how the statement of cash flow was presented. IFRS 18 introduces a defined structure. We look at: The indirect And Direct Cash Flow method The change in presentation of these methods Nb : There Are NO NUMBERS JUST STRUCTURES #IFRS18 #IAS1 #Accounting