ABSTRACT
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.
TABLE OF CONTENTS
part 1|38 pages
An Historical Review of Cash Flow Accounting
part 2|37 pages
Anomaly Recognition, Insecurity, and Initial Responses
chapter 6|7 pages
from H. Ross, “Present Discontents,” in Financial Statements: A Crusade for Current Values (Toronto: Sir Isaac Pitman, 1969), pp. 5–11
Present Discontents
part 3|71 pages
Initial and Extended Cash Flow Reporting Arguments
chapter 12|10 pages
Let's Scrap the “Funds” Statement
The profession should identify the objectives of the funds statement and then design new statements that achieve those objectives.
part 4|149 pages
Demonstrating the Utility of Cash Flow Reporting
chapter 26|30 pages
1986 Competitive Manuscript Award
The Incremental Information Content of the Accrual and Funds Components of Earnings After Controlling for Earnings
part 5|57 pages
Debating the Utility of Cash Flow Reporting
part 6|45 pages
Influencing Accounting Policy-Making
chapter 36|13 pages
Cash Flows Statement
Sources: FASB Statement 95; FASB Statement 102; FASB Statement 104
chapter 38|14 pages
from P.N. McMonnies, ed., Making Corporate Reports Valuable (London: Kogan Page, 1988), pp. 68–80
388
Chapter 7 Meeting the Information Needs of Management and Investors
