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ERIC Number: EJ888512
Record Type: Journal
Publication Date: 2009
Pages: 8
Abstractor: ERIC
Reference Count: 29
ISSN: ISSN-1544-0389
Accounting Issues: An Essay Series Part IX--Statement of Cash Flows
Laux, Judy
Journal of College Teaching & Learning, v6 n3 p17-24 May-Jun 2009
This essay series, beginning with Laux [2007a], defends the proposition that eliminating the theoretical chapter from the principles level accounting course has weakened the introduction for students new to this subject, perhaps resulting in some adverse selection for the accounting profession. As a remedy, it offers concise theoretical articles that apply some of the most important concepts from the hierarchy of accounting characteristics to the most basic accounting elements. In the series, the objective of decision usefulness and its associated components--relevance and reliability--have served as the cornerstones for investigating these accounting elements in a mountain hiking setting. This final essay attempts to bring the various elements into focus by applying the foremost accounting characteristics, relevance and reliability, to the newest of the required financial statements, the Statement of Cash Flows. Studying this statement also represents an opportunity to discuss a concept integral to the accounting model--articulation. As with the previous works, sections are devoted to reviewing the mechanics, making the conceptual connections, addressing measurement issues, and presenting related literature. (Contains 5 footnotes.) [For Part VIII, see EJ884597.]
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Publication Type: Information Analyses; Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A