Article1994

QUANTITATIVE NON‐FINANCIAL INFORMATION AND INCOME MEASURES: THE CASE OF LONG TERM CONTRACTS

William P. Rees · Charles M. S. Sutcliffe

24 citations0/0 files storedJournal of Business Finance &amp Accounting

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Accounting Theory and Financial Reporting Accounting and Organizational Management Financial Reporting and Valuation Research

Abstract

Much available numerical information is non‐financial. This information has the advantages of quantifying events that cannot be expressed in financial terms, timeliness and the avoidance of accounting procedures. This paper investigates the usefulness of quantitative non‐financial information (QNFI) as a proxy for current and future economic and accounting income. The study analyses a hypothetical firm which undertakes long term contracts. A mathematical model is constructed of the cash generation process of the company. QNFI measures are found to dominate accounting measures with regard to estimating economic income and predicting both economic and accounting income. These results are confirmed by a stochastic simulation model which allows for a more complex model.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 24 citations exist upstream.

References

1987Relevance Lost: The Rise and Fall of Management Accounting 1983Measuring manufacturing performance: a new challenge for managerial accounting research 1987Non‐Financial Symptoms and the Prediction of Small Company Failure: A Test of Argenti's Hypotheses 1991The theory of value and earnings, and an introduction to the Ball‐Brown analysis*1992Management accounting: Evolution not revolution 1986An Investigation into Annual Report Readability and Corporate Risk-Return Relationships 1986Evidence on the Incremental Information Content of Additional Firm Disclosures Made Concurrently with Earnings 2002Another hidden edge - Japanese management accounting

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.