Search Results - subject:"the direct method"

A CRITICAL STUDY REGARDING THE ELABORATION OF THE CASH FLOW STATEMENT USING THE DIRECT METHOD IN ROMANIA

ADRIAN, TARAN MOROSAN - In: Annals - Economy Series 1 (2013) February, pp. 255-265

The direct method, which is the subject of this study, involves the identification and inclusion in the statement of … cash flows of the encashments and the payments made by the company. Although IAS 7 recommends the usage of the direct … method to prepare the cash flow statement in order to better satisfy the informational need of information users, many …

Persistent link: https://www.econbiz.de/10010633685

Abstraction and unrealistic assumptions in economics

Rappaport, Steven - In: Journal of Economic Methodology 3 (1996) 2, pp. 215-236

Economics has been persistently criticized for its heavy reliance on unrealistic assumptions. Some people reply to this criticism by saying that the unrealistic assumptions of economics result from abstraction from unimportant details, and abstraction is necessary for knowledge of a complex real...

Persistent link: https://www.econbiz.de/10009215346