In October 2015 the Board decided to finalise requirements for the reconciliation in a stand-alone amendment to IAS 7 while continuing deliberations on the cash restrictions proposals. The stand-alone amendment was issued in January 2016. The amendments will require entities to provide disclosures that enable users of financial statements to evaluate changes in liabilities arising from financing activities, including non-cash changes and changes arising from cash flows. These requirements become effective for reporting periods beginning on or after 1 January 2017. Earlier application is permitted.
In December 2016, the Board decided not to proceed with the work on the cash restrictions proposals included in the Exposure Draft.