期刊名称：Academy of Accounting and Financial Studies Journal
印刷版ISSN：1096-3685
出版年度：2019
卷号：23
期号：1
页码：1-13
语种：English
出版社：The DreamCatchers Group, LLC
摘要：We examine a capability of Current Earnings (CEs) and Cash Flows (CFs) and disaggregation of earnings to forecast the Future Operating Cash Flows (FOCF) for 45 Saudi Arabian companies belonging to different sectors from 2006 to 2015. We found significant positive relationship between the CEs and FOCF. Further, we found that the disaggregation of earnings into accruals has greater predictive ability of Forecasting Future Cash Flows (FFCF), while disaggregated earnings into other accrual components has decreased the predictive power. The results of the study are in contrast to the assertion of Financial Accounting Standards Board (FASB) that earnings have the better ability than CFs in FFCF..
