Cash flow statements have gained popularity worldwide and are now mandatory also under German GAAP for listed companies. Based on International Accounting Standard No. 7 we review their analytical value from both a shareholder's and a creditor's point of view. Cash flow patterns do vary from...

Cash flow statements have gained popularity worldwide and are nowmandatory also under German GAAP for listed companies. Based on InternationalAccounting Standard No. 7 we review their analytical value from both ashareholder’s and a creditor’s point of view. Cash flow patterns do vary...

Internationale Rechnungslegung, noch vor ein paar Monate das Non-Plus-Ultra in der Bilanzierungspraxis,hat in den Monaten seit dem Skandal um den US-amerikanischen Energiehändler ENRON tiefeSchrammen in der schillernden Fassade erhalten. Zumal ENRON nicht das einzige Unternehmen ist,dass sich...