Does Industry Affect the Cash Flow Statement Presentation Format?

Autor:	Yang Xu, Lijuan Zhao, Xiaojie Christine Sun
Rok vydání:	2018
Předmět:	Finance business.industry media_common.quotation_subject General Medicine Affect (psychology) Payment High tech Cash receipts journal Presentation Cash Cash flow Cash flow statement Business media_common
Zdroj:	Accounting and Finance Research. 7:1
ISSN:	1927-5994 1927-5986
Popis:	The statement of cash flows of a business can be presented by using either the direct method (DM) or the indirect method (IM). In United States, only a small portion of businesses use the DM. Compared to the IM, the DM has been shown to provide incremental information in predicting future cash flows. Furthermore, the DM can also improve the ability to compare the individual component of cash receipts and cash payments among similar companies over a period of time. This study finds that firms choosing the DM tend to be in high tech industries.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::109bdbc3108a4438ba8d9b22160e4f6e https://doi.org/10.5430/afr.v7n3p1 Zobrazit plný text záznamu