THE MANAGEMENT MODEL OF THE CASH FLOW STATEMENT FORMATION ACCORDING TO THE IAS ACCOUNTING POLICY

Abstract

Abstract. Introduction. Information about an entity's cash flows is useful because it provides users of financial statements with a basis for assessing the entity's ability to generate cash and cash equivalents and the entity's need to use those cash flows. Insufficient analytical nature of the Statement of Cash Flows and lack of sound practices on the relevance and reliability of some of its articles - negatively affect management decisions that will promote business development, create safe conditions for its operation in uncertainty and significant probability of stability risks now. cash flows and cash assets. The purpose of the article: to conduct a study of theoretical knowledge and current practices on accounting policies for the preparation of the Statement of Cash Flows under IFRS, to compare the compliance and differences in international and national standards on this topic, as well as to propose their own approaches to the management model. cash flows under IFRS.

Results. The article conducted a study of theoretical knowledge and current practices on accounting policies for the formation of the Statement of Cash Flows in accordance with IAS 7 "Statement of Cash Flows". The authors analyzed the correspondences and differences according to international and national standards in accounting policy to reflect and determine the composition of cash and cash equivalents. They also proposed their own approach to the formation of the management model of the Statement of Cash Flows in compliance with IFRS.

Conclusions. The developed model of the Management Report provides an opportunity to assess the ability of the company to operate financially and sustainably in the future, as well as take into account all the requirements of international standards to the accounting policy of the Statement of Cash Flows.