Problems with Using the Information from the Cash Flow Statement by Lenders (Banks) as Capital Providers
Problems with Using the Information from the Cash Flow Statement by Lenders (Banks) as Capital Providers

Summary/Abstract: The number of quantitative and empirical studies on how, why and to what extent creditor banks (lenders) as providers of capital for enterprises, use the information from the financial statements of borrowers, including the information from the statements of cash flows (CFS). Such studies are mainly done by researchers from smaller economies or from developing countries (outside Europe) such as Vietnam, India, Jordan, Ghana, Nigeria, Bangladesh, Indonesia, Iraq, etc. The authors of the present study believe that Central and Eastern Europe, incl. Bulgaria, would be of research interest and the results of research on the relevant issue could be useful for a wide range of specialists and bodies, incl. and for the IAS Board (IASB). There is a need for research on the usefulness and quality of information presented and disclosed in financial statements based on IAS/IFRS prepared by enterprises in Central and Eastern Europe. Defining the problems associated with using cash flow statement information is the main subject of discussion in this research.

• Details
• Contents