This study investigates the persistence of cash flow components (core and non-core cash flows) using a cash flow prediction model. By extending the Barth, Cram, and Nelson (2001) model, we examine the role of cash flow components in predicting future cash flows beyond that of accrual components....

While SFAS No. 131 is intended to increase the transparency of financial reporting using a "management approach", it may reduce shareholders' ability to interpret segment disclosures relative to the 'industry approach' employed under SFAS No.14. This study investigates whether firm-segment...

Production backlog (a.k.a. order backlog) is an important non-GAAP metric that is a leading indicator of future firm performance. We explore how various factors interacted with production backlog leads to potentially unexpected relationships in predicting future earnings. This paper documents...