Title

Effects of adopting direct cash flow statements on companys earnings: The study on government owned and controlled corporations (GOCCs) from year 2002 to 2009

Date of Publication

2014

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

Subject Categories

Accounting

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Adviser

Rodiel C. Ferrer

Defense Panel Member

Herminigilda E. Salendrez
Aeson Luiz C. Dela Cruz

Abstract/Summary

The study aims to assess the effects of adopting the use of Direct method in presenting Statement of Cash Flows in adopting International Financial Reporting Standards (IFRS) in the Philippines with respect to the efficacy and effectiveness of the information provided. The focus of the study is mainly to determine the value relevance of net operating cash flow (OCF) on companys earnings, significance of forecasting future OCF, accuracy of forecasting, and relevance of net operating cash flow to company performance.

The study concentrates on selected Government Owned and Controlled Corporations (GOCCs) located in the National Capital Region (NCR) covering years 2002-2009 in order to provide analysis on the difference prior to the adoption of IFRS and during the adoption.

In order to address the objectives of the paper, the researchers use quantitative impact evaluation particularly using the double difference approach to assess the impact of the proposed policy. The panel data fixed-effects model estimated via Ordinary Least Squares (OLS) is applied to observe and review the relevant information of selected Philippine GOCCs from 2002 to 2009.

Based on the results of the study, the researchers conclude that adopting Direct cash flow statements provides relevant and reliable information on companys earnings and have a significant effect in forecasting future net operating cash flows.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU18849

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

ix, 140 leaves : illustrations (some colored) ; 28 cm. + ; 1 computer optical disc.

Keywords

Cash flow; Cash management; Government corporations--Philippines

Embargo Period

11-25-2021

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