The objectives of IAS 7 (Statement of Cash Flows) are to:

-       Provide information about the cash flows of an entity: This includes the inflows and outflows of cash and cash equivalents during a period.

-       Help users assess an entity’s ability to generate cash and cash equivalents: This allows users to understand the entity's capacity to meet its obligations, pay dividends, and fund investments.

-       Show how an entity generates and uses cash through operating, investing, and financing activities: This helps in assessing the cash flow trends and the financial health of the business.

-       Enhance comparability: Enable comparisons between different entities in terms of their cash flows and performance, regardless of the industry or geographic region.