Commission Regulation (EU) No 2017/1990 of 6 November 2017

The Commission Regulation (EU) No 2017/1990 of 6 November 2017, published in the Official Journal of the European Union L 291 on 9 November 2017, adopts Amendments to IAS 7 Statement of Cash Flows – Disclosure Initiative. The amendments are intended to clarify IAS 7 to improve information provided to users of financial statements about an entity’s financing activities.

Each company shall apply the standard, at the latest, as from the commencement date of its first financial year starting on or after 1 January 2017.