EFRAG has released its Discussion Paper (DP) on the Statement of Cash Flows and is seeking public comments by 15 May 2025. Objective of the Discussion Paper:  The DP identifies key issues with the Statement of Cash Flows as prepared under IAS 7. It outlines various objectives of the statement and explores how it is used by primary users of financial statements. The DP also presents potential alternatives and supplements to the current statement that could improve its clarity and relevance. Relevance for Financial Institutions:  The DP includes questions on how the statement of cash flows applies to financial institutions, proposing alternatives tailored to these entities. T argeted Improvements vs. Comprehensive Review:  EFRAG explores whether the identified issues should be addressed through targeted improvements or a more comprehensive review of IAS 7. Submit your feedback using this form by  15 May 2025 . For more information [ here ]