Method of enterprises cash flow analysis: the Ukrainian experience

Viktoriia Vovok

Abstract


Cash flow is an important independent object of the enterprise financial management. Its precise and 360-degree evaluation encourages an enterprise to achieve set current and strategic goals and helps in forming the positive financial results. The given method of cash flow analysis gives the opportunity to evaluate the enterprise capability to repay existing debts and pay dividends, as well as determine the importance of the additional financial resources application in advance or rationally distribute temporarily monetary assets surplus in order to optimize activities.

Keywords


cash; incoming cash flow; outgoing cash flow; liquidity; cash flow synchronization; analytical evaluation; cash flow optimization

Full Text:

PDF

References


Blank I.A., Financial Management. Course of Study, Nika-Centre, Kiev 1999.

DeFond Mark L., Hung M., An Empirical Analysis of Analysts’ Cash Flow Forecasts, 2001, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=265773

Dickinson V., Cash Flow Patterns as a Proxy for Firm Life Cycle, 2010, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=755804

Fedorovych R.V., Zahorodna O.M., Seredyns’ka V.M., Financial Analysis. Study Guide, Тernopil’ National Economic University, Тernopil’, 2001.

National regulation (standard) of accounting 1 «General requirements to fiscal accounting» (adopted by the decree of Ministry of Finances of Ukraine no. 73 from February 07th, 2013).

Pavlovs’ka O.V., Prytuliak N.M., Nevmerzhyts’ka N.Y., Financial Analysis: Study Guide for Self -studying of the Discipline, Kyiv National Economic University, Kyiv 2002.

Penman Stephen H., Sougiannis T., A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation, 1995, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=15043

Platt H., Demirkan S., Platt M., Free Cash Flow, Enterprise Value, and Investor Caution, 2010, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1397708

Podol’s’ka V.O., Yarish O.V., Financial Analysis: Study Guide, Course books centre, Kyiv 2007.

Williams J., The Theory of Investment Value, http://www.numeraire.com/books0.htm#Williams




DOI: http://dx.doi.org/10.17951/h.2013.47.4.125
Date of publication: 2015-07-23 22:46:00
Date of submission: 2015-07-23 20:20:27


Statistics


Total abstract view - 441
Downloads (from 2020-06-17) - PDF - 0

Indicators



Refbacks

  • There are currently no refbacks.


Copyright (c) 2015

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.