Statystyczna weryfikacja istotności przepływów pieniężnych
Statistical veryfication of cash flow relevance

Summary/Abstract: In a paper the results of statistical verification of cash flow materiality were presented. Cash flow plays a fundamental role in corporate finance and managerial accounting and is also a matter of cash flow statement made in financial accounting . Reliable statistical tests were used to investigate a Spearman correlation of net profit and EBIT with net cash flow and cash flow from operating activities. Next it was investigated a correlation of such shortened measures of cash flow as net profit + depreciation , EBITDA, simplified cash flow, free cash flow with net cash flow and cash flow from operating activities. The conclusion is that cash flow statement and profit and loss statement are relevant. The best shortened measures of cash flow from operating activities are simplified cash flow and EBITDA and for net cash flow calculation it is free cash flow.

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