Albuquerque, Fábio de; Velez, Ana Rita; Pinto, Vera - In: Cogent business & management 10 (2023) 3, pp. 1-33
There is still controversy regarding the relevance of cash flow versus accruals. Relevant information can be assessed in multiple ways, including its value relevance and predictability. This paper then compares the value relevance and predictive value of accruals and cash flow measures to...