Reflections upon the statement of cash flow and ideas for its presentation using the direct method
In order to carry out financial projections and analysis, the information contained in the statement of cash flow should be supplemented by the analysis of the balances of related operating assets and liabilities, which is why the method selected to prepare the statement becomes relevant.If the dire...
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| Autores principales: | , , , |
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| Formato: | Artículo revista |
| Lenguaje: | Español |
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Ediciones UNL
2017
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| Materias: | |
| Acceso en línea: | https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/CE/article/view/6899 |
| Aporte de: |
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I26-R133-article-6899 |
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ojs |
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Universidad Nacional del Litoral |
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I-26 |
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R-133 |
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Biblioteca Virtual - Publicaciones (UNL) |
| language |
Español |
| format |
Artículo revista |
| topic |
Flujo de efectivo • Resultado operativo • Desempeño • Rentabilidad Cash Flow • Operating Result • Performance • Profitability |
| spellingShingle |
Flujo de efectivo • Resultado operativo • Desempeño • Rentabilidad Cash Flow • Operating Result • Performance • Profitability Rondi, Gustavo Roberto Casal, María del Carmen Galante, Marcelo Javier Gómez, Melisa Reflections upon the statement of cash flow and ideas for its presentation using the direct method |
| topic_facet |
Flujo de efectivo • Resultado operativo • Desempeño • Rentabilidad Cash Flow • Operating Result • Performance • Profitability |
| author |
Rondi, Gustavo Roberto Casal, María del Carmen Galante, Marcelo Javier Gómez, Melisa |
| author_facet |
Rondi, Gustavo Roberto Casal, María del Carmen Galante, Marcelo Javier Gómez, Melisa |
| author_sort |
Rondi, Gustavo Roberto |
| title |
Reflections upon the statement of cash flow and ideas for its presentation using the direct method |
| title_short |
Reflections upon the statement of cash flow and ideas for its presentation using the direct method |
| title_full |
Reflections upon the statement of cash flow and ideas for its presentation using the direct method |
| title_fullStr |
Reflections upon the statement of cash flow and ideas for its presentation using the direct method |
| title_full_unstemmed |
Reflections upon the statement of cash flow and ideas for its presentation using the direct method |
| title_sort |
reflections upon the statement of cash flow and ideas for its presentation using the direct method |
| description |
In order to carry out financial projections and analysis, the information contained in the statement of cash flow should be supplemented by the analysis of the balances of related operating assets and liabilities, which is why the method selected to prepare the statement becomes relevant.If the direct method is used for the presentation of the cash flow, the reading and understanding of the statement by the user is simple, but it is not sufficient for the analysis of the link between the result and the generation of funds of the period – a fundamental aspect for making financial projections. The presentation using the indirect method can also show such connection, but it is difficult to understand it. In this paper, we propose two alternatives to present the statement by the direct method, which consolidate the advantages of its traditional version with those of the indirect method. The proposals include the disclosure of information in the body of the accounting statement or in a supplementary note, describing in detail how the different types of inflows and outflows of cash that are exposed by the direct method are determined, based on the accrued results, and considering the increases or decreases of related operating assets and liabilities.The direct method favors the vertical and horizontal analysis of thecash flow statement over two or more periods. The information that can be obtained by calculating ratios that link the different subtotals of this statement and some of the income statement also proves to be useful. |
| publisher |
Ediciones UNL |
| publishDate |
2017 |
| url |
https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/CE/article/view/6899 |
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2023-07-05T23:04:44Z |
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I26-R133-article-68992018-11-06T08:42:34Z Reflections upon the statement of cash flow and ideas for its presentation using the direct method Reflexiones sobre el estado de flujo de efectivo e ideas para su presentación por el método directo Rondi, Gustavo Roberto Casal, María del Carmen Galante, Marcelo Javier Gómez, Melisa Flujo de efectivo • Resultado operativo • Desempeño • Rentabilidad Cash Flow • Operating Result • Performance • Profitability In order to carry out financial projections and analysis, the information contained in the statement of cash flow should be supplemented by the analysis of the balances of related operating assets and liabilities, which is why the method selected to prepare the statement becomes relevant.If the direct method is used for the presentation of the cash flow, the reading and understanding of the statement by the user is simple, but it is not sufficient for the analysis of the link between the result and the generation of funds of the period – a fundamental aspect for making financial projections. The presentation using the indirect method can also show such connection, but it is difficult to understand it. In this paper, we propose two alternatives to present the statement by the direct method, which consolidate the advantages of its traditional version with those of the indirect method. The proposals include the disclosure of information in the body of the accounting statement or in a supplementary note, describing in detail how the different types of inflows and outflows of cash that are exposed by the direct method are determined, based on the accrued results, and considering the increases or decreases of related operating assets and liabilities.The direct method favors the vertical and horizontal analysis of thecash flow statement over two or more periods. The information that can be obtained by calculating ratios that link the different subtotals of this statement and some of the income statement also proves to be useful. A los fines de efectuar proyecciones y análisis financieros, la información contenida en el estado de flujo de efectivo debe complementarse con el análisis de los saldos de activos y pasivos operativos vinculados, por lo cual cobra relevancia el método seleccionado para confeccionar el estado.Si se utiliza el método directo para la presentación del flujo de efectivo de las actividades operativas, la lectura y comprensión del estado por parte del usuario es sencilla, pero no es suficiente para el análisis de la vinculación entre el resultado y la generación de fondos del periodo, aspecto fundamental para realizar proyecciones financieras. La presentación por el método indirecto, permite exponer dicha vinculación, pero resulta de difícil comprensión.En este trabajo proponemos dos alternativas para presentar el estado por el método directo, que consolidan las ventajas del mismo en su versión tradicional, con las del método indirecto. Las propuestas incluyen la exposición de información en el cuerpo del estado o en nota complementaria, detallando cómo se determinan las distintas clases de entradas y salidas brutas de efectivo que se exponen por el método directo, partiendo de los resultados devengados y considerando los aumentos o disminuciones de activos y pasivos operativos vinculados.El método directo favorece el análisis vertical del estado de flujo de efectivo y el horizontal a lo largo de dos o más periodos. Asimismo, resulta útil la información que puede obtenerse mediante el cálculo de ratios que vinculan los distintos subtotales de este estado y con algunos del estado de resultados. Ediciones UNL 2017-11-22 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf application/pdf https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/CE/article/view/6899 10.14409/rce.v1i0.6899 Ciencias Económicas; Vol. 1 (14): Ciencias Económicas; 99-121 Ciencias Económicas; Vol. 1 (14): Ciencias Económicas; 99-121 2362-552X 1666-8359 10.14409/rce.v1i0 spa https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/CE/article/view/6899/10040 https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/CE/article/view/6899/10050 Derechos de autor 2017 Gustavo Roberto Rondi, María del Carmen Casal , Marcelo Javier Galante, Melisa Gómez |