회계입문 교과서상의 현금흐름비율에 관한 연구

The statement of cash flows have been required since 1988 in the U.S. and 2005 in S. Korea. Now most authors have increasingly introduced cash flow ratios for analysis of the statement of cash flows in their introductory accounting textbooks . This paper reviewed what cash flow ratios had been developed using cash flow information in the U.S. and then it analyzed what cash flow ratios were introduced in introductory accounting textbooks in the U.S. and S. Korea which reflect the result of the studies of its development. In consequence, this paper identified that when cash flow ratios are addressed in texts, authors actually use various alternative versions of terms and formulas for ratios, and they use different numbers of ratios included because of their different perspectives and judgment of suitable ratios for the most part. This result implied that at the present time, any standard ratios accepted do not exist. However, in introductory accounting textbooks, it is likely that using of uniform or at least similar ratios and formulas seems desirable. According to the research result of current state of cash flow ratios in introductory accounting textbooks, this paper suggests using three or four ratios with more simple formula frequently used in three categories: liquidity, solvency, and profitability, would be more appropriate. It also recommends using specific terms that reflect meanings given to formulas, proposing samples of peculiar term of ratios that might be considered by textbook authors.