IDEAS home Printed from https://ideas.repec.org/a/alu/journl/v1y2009i11p13.html
   My bibliography  Save this article

Cash-Flow Reporting Between Potential Creative Accounting Techniques And Hedging Opportunities Case Study Romania

Author

Listed:
  • Dumitru Matis

    (Babes-Bolyai University)

  • Alina Beattrice Vladu

    (Babes-Bolyai University)

  • Laura Negrea

    (Babes-Bolyai University)

Abstract

We have studied the cash flow reporting issues in Romania, trying to establish if there isan interest in using creative accounting techniques in order to manipulate cash flow reporting.Another issue of our research is focused on the possibility of using hedging opportunities by financialmanagers of Romanian companies, in order to at least partially protect future cash-flow from externalfluctuating factors.In order to achieve our goals, we have issued a questionnaire, submitted to authorize auditors fromRomania (208 audit companies and 267 individual auditors).Our study lead us to conclude that creative accounting techniques related to cash flow are only partlyknown and used by the Romanian companies. On the other hand, hedging techniques were found to bevery little known and used by Romanian managers. In this respect, the few instruments used are relatedto bank and insurance products like factoring, receivables insurance, financial instruments based oninterest and foreign exchange rates.

Suggested Citation

  • Dumitru Matis & Alina Beattrice Vladu & Laura Negrea, 2009. "Cash-Flow Reporting Between Potential Creative Accounting Techniques And Hedging Opportunities Case Study Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(11), pages 1-13.
  • Handle: RePEc:alu:journl:v:1:y:2009:i:11:p:13
    as

    Download full text from publisher

    File URL: http://oeconomica.uab.ro/upload/lucrari/1120091/13.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. repec:bla:joares:v:38:y:2000:i:1:p:45-70 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    cash flow; creative accounting; hedging opportunities;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:1:y:2009:i:11:p:13. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan-Constantin Danuletiu). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.