الفهرس 
Statement of the problemOnly 14 pages are availabe for public view
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Abstract
In November, 1987, the FAST issued statement of financial accounting standards (SFAS No. 95), ”Statement of Cash Flows”, which replaced APB opinion No. 19. The statement of cash flow requires a change in the focus of the statement from the working capital basis to the cash basis. One objective of SFAS No. 95 is to improve financial reporting by providing useful financial information about a firm’s cash receipts (inflows) and cash payments (outflows) from operating, investing and financing activities during an accounting period. I The primary objective of this research is to investigate whether the statement of cash flows (SFAS No. 95) data in the context predicting business failure. The business failure prediction criterion was used for measuring the usefulness of SFAS No. 95 for several reasons: 1) Business success or failure has been causally linked to the level, timing, and speed of cash flows elements from operating, investing and financing activities. For example, the inability of a firm to generate enough cash from its ongoing operations may force a firm to borrow money or to dispose of its capital investments to meet its obligated payments during an accounting period.