Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi

Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi

Financial Reporting Standard No. 107 on cash flow statements in propagating the preparation of cash flow statements as an integral part of an entity’s financial statements, has asserted that ‘cash flow information is useful in assessing the ability of enterprise to generate cash and cash equivalent...

Full description

Bibliographic Details
Main Author: Tho, Lai Mooi
Format: Article
Language:English
Published: Accounting Research Institute (ARI) & Faculty of Accountancy 2007
Online Access:http://ir.uitm.edu.my/id/eprint/188/
http://ir.uitm.edu.my/id/eprint/188/1/AJ_THO%20LAI%20MOOI%20MAR%2007.pdf
id uitm-188
recordtype eprints
spelling uitm-1882017-06-21T08:20:55Z http://ir.uitm.edu.my/id/eprint/188/ Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi Tho, Lai Mooi Financial Reporting Standard No. 107 on cash flow statements in propagating the preparation of cash flow statements as an integral part of an entity’s financial statements, has asserted that ‘cash flow information is useful in assessing the ability of enterprise to generate cash and cash equivalents...’ This study attempts to test this claim by investigating the predictive ability of cash flow from operations versus accrual accounting based data to forecast future cash flow from operations, using multivariate regression models and panel data on a sample of 173 firms listed on Bursa Malaysia. Three predictor variables, net income before extraordinary items (NI), NI plus depreciation and amortisation (NDA) and cash flow from operations (CFO) are used to forecast future cash flows from operations for the period from 1997 to 2005. Accounting Research Institute (ARI) & Faculty of Accountancy 2007-12 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/188/1/AJ_THO%20LAI%20MOOI%20MAR%2007.pdf Tho, Lai Mooi (2007) Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi. Malaysian Accounting Review, 6 (2). pp. 63-80. ISSN 1675-4077
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
description Financial Reporting Standard No. 107 on cash flow statements in propagating the preparation of cash flow statements as an integral part of an entity’s financial statements, has asserted that ‘cash flow information is useful in assessing the ability of enterprise to generate cash and cash equivalents...’ This study attempts to test this claim by investigating the predictive ability of cash flow from operations versus accrual accounting based data to forecast future cash flow from operations, using multivariate regression models and panel data on a sample of 173 firms listed on Bursa Malaysia. Three predictor variables, net income before extraordinary items (NI), NI plus depreciation and amortisation (NDA) and cash flow from operations (CFO) are used to forecast future cash flows from operations for the period from 1997 to 2005.
format Article
author Tho, Lai Mooi
spellingShingle Tho, Lai Mooi
Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi
author_facet Tho, Lai Mooi
author_sort Tho, Lai Mooi
title Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi
title_short Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi
title_full Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi
title_fullStr Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi
title_full_unstemmed Predicting future cash flows: does cash flow have incremental information over accrual earnings? / Tho Lai Mooi
title_sort predicting future cash flows: does cash flow have incremental information over accrual earnings? / tho lai mooi
publisher Accounting Research Institute (ARI) & Faculty of Accountancy
publishDate 2007
url http://ir.uitm.edu.my/id/eprint/188/
http://ir.uitm.edu.my/id/eprint/188/1/AJ_THO%20LAI%20MOOI%20MAR%2007.pdf
first_indexed 2023-09-18T22:44:12Z
last_indexed 2023-09-18T22:44:12Z
_version_ 1777417115751415808

Similar Items