search query: @indexterm merit rating / total: 36
reference: 7 / 36
| Author: | Riahi-Belkaoui, A. Fekrat, M. |
| Title: | The magic in value added: merits of derived accounting indicator numbers |
| Journal: | Managerial Finance
1994 : VOL. 20:9, p. 3-15 |
| Index terms: | ACCOUNTING VALUE ADDED MERIT RATING |
| Language: | eng |
| Abstract: | The American Accounting Association (AAA) Committee on Accounting and Auditing Measurement (1991) has recommended that value added to be considered for mandatory disclosure in the US in addition to the income and cash flow statements. This study examines empirically the relative merits of derived performance indicator numbers from value added reporting, accrual accounting and cash flow accounting. The results show that the derived performance indicator numbers based on net value added had lower variability and higher persistency than corresponding numbers based on either earnings or cash flows of 673 US firms for the 1981-1990 period. |
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