An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchange
This paper studies the cash flows forecast models and compares the predictive ability of models based on absolute forecast error. Also in this paper, as the indicator of volatility of business environment, the effects of volatility of sales and volatility of operating profit have been used and the e...
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University of Tehran
2008-05-01
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Online Access: | https://acctgrev.ut.ac.ir/article_19316_11fa7e40056293a0bb9bd73a6adf2db2.pdf |
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doaj-b2398f0a7e8c41b98b51d44d255f3c0d2020-11-25T02:36:27Zfas University of Tehranبررسیهای حسابداری و حسابرسی2645-80202645-80392008-05-0115119316An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchangeعلی ثقفیحمید رضا فدائیThis paper studies the cash flows forecast models and compares the predictive ability of models based on absolute forecast error. Also in this paper, as the indicator of volatility of business environment, the effects of volatility of sales and volatility of operating profit have been used and the effect of firm size on predictive ability of each model has been considered. In order to study above mentioned, three following hypotheses have been tested in this paper: Hypothesis 1: the predictive ability of future cash flows based on accruals models is more than those models which only use the cash flows information. Hypothesis 2: the predictive ability of accruals based models and those models which only use the cash flows in their predictions, change as volatility of sales and volatility of operating profit. Hypothesis 3: the predictive ability of accruals based models and those models which only use the cash flows in their predictions, increase as the firm size increases.https://acctgrev.ut.ac.ir/article_19316_11fa7e40056293a0bb9bd73a6adf2db2.pdfAccrualsCash flow from operationsCash flow predictionVolatility of operational profitVolatility of sales |
collection |
DOAJ |
language |
fas |
format |
Article |
sources |
DOAJ |
author |
علی ثقفی حمید رضا فدائی |
spellingShingle |
علی ثقفی حمید رضا فدائی An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchange بررسیهای حسابداری و حسابرسی Accruals Cash flow from operations Cash flow prediction Volatility of operational profit Volatility of sales |
author_facet |
علی ثقفی حمید رضا فدائی |
author_sort |
علی ثقفی |
title |
An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchange |
title_short |
An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchange |
title_full |
An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchange |
title_fullStr |
An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchange |
title_full_unstemmed |
An Effective Model to Predict Cash Flow Based on a Comparison of the Relevant Models: Case of Tehran Stock Exchange |
title_sort |
effective model to predict cash flow based on a comparison of the relevant models: case of tehran stock exchange |
publisher |
University of Tehran |
series |
بررسیهای حسابداری و حسابرسی |
issn |
2645-8020 2645-8039 |
publishDate |
2008-05-01 |
description |
This paper studies the cash flows forecast models and compares the predictive ability of models based on absolute forecast error. Also in this paper, as the indicator of volatility of business environment, the effects of volatility of sales and volatility of operating profit have been used and the effect of firm size on predictive ability of each model has been considered.
In order to study above mentioned, three following hypotheses have been tested in this paper:
Hypothesis 1: the predictive ability of future cash flows based on accruals models is more than those models which only use the cash flows information.
Hypothesis 2: the predictive ability of accruals based models and those models which only use the cash flows in their predictions, change as volatility of sales and volatility of operating profit.
Hypothesis 3: the predictive ability of accruals based models and those models which only use the cash flows in their predictions, increase as the firm size increases. |
topic |
Accruals Cash flow from operations Cash flow prediction Volatility of operational profit Volatility of sales |
url |
https://acctgrev.ut.ac.ir/article_19316_11fa7e40056293a0bb9bd73a6adf2db2.pdf |
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