The Ability of Core and Non-Core Cash Flows from the Operations in Predicting the Future Cash Flows
Abstract
Pertiwi, Puti Laksmi Budi (2005). The Ability of Core and Non-Core Cash
Flows From The Operation In Predicting Future Cash Flows. Yogyakarta. Faculty of
Economics. Islamic University ofIndonesia.
This study tries to investigate the ability of current cash flows from operation
to predict the future cash flows and the ability of cash flows component (core and
non-core) to predict the future cash flow in manufacturing companies that are listed in
Jakarta Stock Exchange from the period of 1996-2003. This study also tries to
investigate the different persistent level between aggregate cash flow from operation
in current year and accruals components to predict the future cash flows, and tries to
prove that cash flow components are incrementally informative beyond accrual
components in predicting the future cash flow.
This study proposes a cash flow prediction model that distinguish cash flow
from operation into core and non-core cash flows based on AICPA's
recommendation, in Indonesia.
The study uses linear regression model with the aggregate future cash flow
from operation as the dependent variable. From this research we can derive the
conclusion that in conformity with AICPA recommendation. This research find that
aggregate cash flow operations have the ability to predict future cash flows. And by
disaggregating cash flow from operation, we find that cash flow from operation have
different persistence level in predicting the future cash flow. Disaggregating accruals
in the prediction model and aggregate cash flow from operation on future cash flow
will lead some conclusions that aggregate cash flow are incrementally informative
beyond accruals components in predicting the future cash flow. And by
disaggregating the component ofcash flows from operation and accruals components
on future cash flow, it will prove that cash flow component are incrementally
informative beyond accruals component in predicting the future cash flows.
Collections
- Akuntansi [4293]
Related items
Showing items related by title, author, creator and subject.
-
An Analysis of The Difference Ability of Core And Non-Core Cash Flow From Operation In Predicting Future Cash Flows
Andry Kusuma Adjie (Universitas Islam Indonesia, 2005)Adjie, Andry Kusuma. An Analysis of the difference ability of core and noncore cash flows from operations in predicting the future cash flows . International Program Faculty of Economics. Islamic University of Indonesia. ... -
Kemampuan Prediksi Model-Model Accrual Terhadap Arus Kas Masa Depan
Hesti Kusuma (Universitas Islam Indonesia, 2007)Penelitian ini bertujuan untuk mengetahui kemampuan prediksi inkremental akrual di luar arus kas dalam memprediksi arus kas masa depan yang dilakukan terhadap 122 perusahaan manufaktur yang terdaftar di BEJ dengan menggunakan ... -
Analisis Kelayakan Finansial Rencana Pembangunan Gedung Tempat Khusus Parkir (TKP) II Malioboro Yogyakarta
Irvan Syakuri (Universitas Islam Indonesia, 2017)Indonesia merupakan negara yang terus berkembang, seiring dengan pertumbuhan penduduk moda transportasi juga kian meningkat dari tahun ke tahunnya. Dewasa ini berbagai kota-kota besar tidak lepas dari permasalahan yang ...