In this study, we find that the average cash flow risk (CFR) of United States firms shows a significantly increasing trend over the past four decades or so. This does not portend well considering the significance of cash flows in maintaining a firm’s financial health and going concern status....

Corporate failures and accounting scandals had shaken the foundations of investors' confidence in the transparency, integrity and accountability of corporations and financial markets. There had also been public disquiet about the role of professional auditors and audit firms, who had been...

The study aims to identify which aspects of financial practices of managers need to be given priority in achieving a turnaround in the financial sustainability of these manufacturing companies across long-term returns, sustainable growth and financial distress. Currently, the Nigerian...