EXPLORATORY RESEARCH ON THE CASH FLOW STATEMENT’S UTILITY IN AN ACCRUAL ACCOUNTING SYSTEM

The present paper aims to emphasize the differences that exist between the accrual accounting and the treasury accounting having as a main instrument the cash flow statement. The approach is not exhaustive, studies in this field being achieved by numerous researchers both in a national and an international context. Thus, the specialized literature offers various points of view about this issue. The study is based on a cumulus of research methods, such as: the analysis, the synthesis, the induction, the deduction, the brainstorming, the case study, the sounding or the mathematical and statistical modeling. The main objective of the paper is to demonstrate that accrual accounting respects much less the “accurate image” principle in comparison with the treasury accounting.