Deloitte's Roadmap: Statement of Cash Flows

Statement of Cash Flows

This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance on the statement of cash flows, primarily that in ASC 230.

You must log in to view this content and have a subscription package that includes this content.

Required subscriptions

US GAAP

View all / combine content

Preface On the Radar Contacts Chapter 1 — Overview Chapter 2 — Scope Chapter 3 — Format and Presentation Chapter 4 — Cash and Cash Equivalents Chapter 5 — Noncash Investing and Financing Activities Chapter 6 — Classification of Cash Flows Chapter 7 — Common Issues Related to Cash Flows Appendix A — Implementation Guidance and Illustrations Appendix B — Glossary of Selected Terms Appendix C — SEC Staff Review Process and Sample SEC Comments Related to the Statement of Cash Flows Appendix D — SEC Interim Reporting Considerations Appendix E — Differences Between U.S. GAAP and IFRS Standards Appendix F — Titles of Standards and Other Literature Appendix G — Abbreviations Appendix H — Roadmap Updates for 2021

This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance on the statement of cash flows, primarily that in ASC 230.

The accounting principles related to the statement of cash flows have been in place for many years; however, errors in the statement of cash flows continue to be causes of restatements and registrants continue to receive comments from the SEC staff on cash flow presentation matters.

While ASC 230 provides some guidance on cash payments and receipts that are classified as either operating, investing, or financing activities, it does not provide consistent principles for evaluating the classification of certain cash payments and receipts in the statement of cash flows, which has led to diversity in practice. In recent years, the FASB issued ASU 2016-15 and ASU 2016-18, which clarified guidance in ASC 230 on the classification of certain cash flows and removed some of the diversity in practice. This Roadmap reflects the amendments to ASC 230 made by these ASUs and includes some of Deloitte’s interpretive views on them.

The 2021 update of this Roadmap includes several new discussions as well as some modifications to previously expressed views. Also new to this publication is On the Radar, (also available as a stand-alone publication) a high-level synopsis of accounting and financial reporting topics related to the statement of cash flows. Appendix H highlights all new content as well as any substantive revisions to previous content.