CASH FLOW ACCOUNTING AND THE ALLOCATION PROBLEM |
| |
Authors: | T.A. Lee |
| |
Abstract: | Cash flow accounting (CFA) proposals typically have included firm statements that CFA data are allocation-free. This is not entirely true if the term allocation is interpreted in a wide sense. However, it can be argued that most allocations can be avoided in CFA systems, and this paper is an attempt to present this argument. In particular, it aims to strengthen the case for CFA in practice. |
| |
Keywords: | |
|
|