Does direct cash flow presentation help in predicting future operating cash flow?


Autoria(s): Simões, Flávio Manuel Vilas-Boas
Contribuinte(s)

Marques, Ana

Data(s)

09/05/2013

09/05/2013

01/01/2012

Resumo

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics

Research literature and regulators are unconditional in pointing the disclosure of operating cash flow through direct method a section of unique information. Besides the intuitive facet, it is also consistent in forecasting future operating cash flows and a cohesive piece to financial statement puzzle. Bearing this in mind, I produce an analysis on the usefulness and predictive ability on the disclosure of gross cash receipts and payments over the disclosure of reconciliation between net income and accruals for two markets with special features, Portugal and Spain. Results validate the usefulness of direct method format in predicting future operating cash flow.

Identificador

http://hdl.handle.net/10362/9526

Idioma(s)

eng

Publicador

NSBE - UNL

Direitos

openAccess

Palavras-Chave #Operating cash flows #Direct method #Financial statement presentation #IAS 7 #Estimation errors
Tipo

masterThesis