AASB 107 Statement of Cash Flows vs ISO 9001:2015
What is the difference between AASB 107 Statement of Cash Flows and ISO 9001:2015?
AASB 107 Statement of Cash Flows is a financial services framework applying in Australia, with 22 controls across 5 domains. ISO 9001:2015 is a quality management framework applying in International, with 56 controls across 7 domains. They govern different subjects, so the overlap is limited to the governance requirements they share. The mapping below shows where that is.
AASB 107 Statement of Cash Flows22 controls
ISO 9001:201556 controls
Questions people ask about AASB 107 Statement of Cash Flows and ISO 9001:2015
What is the difference between AASB 107 Statement of Cash Flows and ISO 9001:2015?
AASB 107 Statement of Cash Flows has 22 controls while ISO 9001:2015 has 56 controls. Both frameworks address compliance requirements but differ in scope, focus, and applicability. Use our platform to explore the exact control-to-control mappings.
Do I need both AASB 107 Statement of Cash Flows and ISO 9001:2015?
Whether you need both depends on your industry, regulatory requirements, and customer expectations. Many organizations implement multiple frameworks simultaneously. Our compliance platform helps you map controls between AASB 107 Statement of Cash Flows and ISO 9001:2015 so you can identify shared requirements and avoid duplicate effort.
How do AASB 107 Statement of Cash Flows and ISO 9001:2015 controls map to each other?
Our platform maps controls between AASB 107 Statement of Cash Flows and ISO 9001:2015 at a granular level. Each mapping shows whether controls are fully aligned, partially aligned, or represent gaps. This helps you prioritize implementation when pursuing both frameworks.
Which framework should I implement first, AASB 107 Statement of Cash Flows or ISO 9001:2015?
The best starting point depends on your specific regulatory requirements, industry, and customer demands. Consider which framework is most urgently required by your stakeholders or regulators. Use our free compliance platform to run a gap analysis and determine the optimal implementation sequence.
Each framework on its own
Comparisons people read next
Each of these compares one of the two standards above against another it shares controls with.
See all control mappings with interactive gap analysis
Explore the complete mapping between AASB 107 Statement of Cash Flows and ISO 9001:2015 on our compliance platform.
Written and maintained by Gerard Blokdyk, The Art of Service.