CASH FLOWS IN ROMANIAN SMALL AND MEDIUM ENTERPRISES
Financial reporting system includes three main pillars, namely balance sheet, income statement and cash flow. If the balance sheet reflects shareholders’ wealth at a given time, income statement demonstrates the efficiency or inefficiency of the activity and cash flows measures the company’s viabi...
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2016-08-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2016-04/06_Gaban1.pdf |
| Summary: | Financial reporting system includes three main pillars, namely balance sheet, income statement and cash flow. If
the balance sheet reflects shareholders’ wealth at a given time, income statement demonstrates the efficiency or
inefficiency of the activity and cash flows measures the company’s viability. This is the reason for which I have approached
the cash flow matter in this paper, reviewing the latest studies and studying in detail the evolution of cash flow ratios on
small and medium enterprises in Romania for a period between 2006 and 2014, highlighting the effects of the financial
crisis on these enterprises |
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| ISSN: | 1844-7007 1844-7007 |