© 2014 – Routledge
This collection explores Kuhn’s 1970 perception of a scientific revolution in the form of a cyclical sequence of anomaly recognition; insecurity, alternative ideas, schools of thought and dominating practices. Cash flow reporting has become a dominant accounting practice which emerged from a developmental process of Kuhnian form. The text is constructed around the various stages identified by Kuhn and selected readings are categorised accordingly.
Preface. Acknowledgements. Dedication. Part 1: An Historical Review of Cash Flow Accounting 1. Cash flow Accounting and Corporate Financial Reporting T. A. Lee 2. Cash Flow Reporting’s Recent History: a Kuhnian Interpretation of a Changing Accounting Emphasis T. A. Lee 3. Suggested Additional Readings T. A. Lee Part 2: Anomaly Recognition, Insecurity and Initial Responses 4. Introduction T. A. Lee 5. Cash-flowitis: malady or Syndrome? A. R. Drebin 6. Present Discontents H. Ross 7. Can We Define Generally Accepted Accounting Principles? L. Spacek 8. Establishing Accounting Principles E. Stamp 9. Suggested Additional Readings T. A. Lee Part 3: Initial and Extended Cash Flow Reporting Arguments 10. An Introduction T. A. Lee 11. Cash Flow Statements for Investors T. A. Climo 12. Let’s Scrap the ‘Funds’ Statement L. C. Heath 13. Cash flow Accounting G. H. Lawson 14. The Rationale of Cash Flow Accounting G. H. Lawson 15. A Case for Cash Flow Reporting T. A. Lee 16. Reporting Cash Flows and Net Realisable Values T. A. Lee 17. Suggested Additional Readings T. A. Lee Part 4: Demonstrating the Utility of Cash Flow Reporting 18. An Introduction T. A. Lee 19. Cash Flows, Exit Prices and British Airways A. J. Arnold and R. T. Wearing 20. The nature and Amount of Information in Cash Flows and Accruals V. L. Bernard and T. L. Stober 21. The Information Content of Cash Flow Figures J. L. G Board and J. F. S Day 22. Using Operating cash Flow Data to Predict financial Distress: Some Extensions C. J. Casey and N. J. Bartczak 23. Cash Flows, Ratio Analysis and the W. T. Grant Bankruptcy J. A. Largay and C. P. Stickney 24. The Cash Flow Performance of UK Companies G. H. Lawson 25. Funds Statements and Cash Flow Analysis T. A. Lee 26. The Incremental Information Content of the Accruals and Funds Components of Earnings After Controlling for Earnings G. P. Wilson 27. Suggested Additional Readings T. A. Lee Part 5: Debating the Utility of Cash Flow Reporting 28. An Introduction T. A. Lee 29. Cash Flow Accounting: A Review and Critique R. Ashton 30. In Defence of Profit Measurement: Some Limitations of Cash Flow and Value Added as Performance Measures for External Reporting 31. The Interpretation of Cash Flow Reports and the Other Allocation Problem B. A. Rutherford 32. Cash Flow Accounting and Liquidity: Cash Flow Potential and Wealth G. J. Staubus 33. Suggested Additional Readings T. A. Lee Part 6: Influencing Accounting Policy-Making 34. An Introduction T. A. Lee 35. Cash Flow Statements Accounting Standards Board 36. Statement of Cash Flows Financial Accounting Standards Board 37. Cash Flow Accounting Inflation Accounting Committee 38. Making Corporate Reports Valuable P. N. McMonnies 39. Suggested Additional Readings T.A. Lee