Deloitte
Accounting Research Tool
...
Chapter 6 — Classification of Cash Flows

6.5 Changes to Historical Classification

6.5 Changes to Historical Classification

In certain instances, an entity may elect to change its historical classification of certain items in the statement of cash flows. We do not believe that such a change in classification would represent a change in accounting principle as defined in ASC 250 if the entity is able to conclude that both the previous classification and the new classification are acceptable under GAAP. Instead, the change should be viewed as a change from one acceptable presentation to another acceptable presentation in accordance with ASC 230. Further, an entity should retrospectively apply the revised classification for each year presented in the financial statements and include appropriate disclosure of the change.