KEMAMPUAN LABA BERSIH, ARUS KAS AKTIVITAS OPERASI HISTORIS DAN KOMPONEN-KOMPONEN AKRUAL DALAM MEMPREDIKSI ARUS KAS AKTIVITAS OPERASI DIMASA MENDATANG

Abstract

The purpose of this research is to examine and to provide empirical evidence about how strong the influence of aggregrate earnings and historical operating cash flows with the accrual components, which are parts of aggregrate earnings, to predict future operating cash flows at manufacturing companies. Accrual components used in this research as independent variable are change in accounts receivable, change in accounts payable, change in inventory, change in depreciation and amortization expense. The type of used data for this research are secondary data from annual report manufacturing companies listed on BEI during the period 2008-2012. Sampling method of this research was done by purposive sampling as many as 650 manufacturing companies. This research using a multiple regression models and using a SPSS 21 application. The results of this research showed that aggregrate earnings, historical operating cash flows, and accrual components have significant effect on future operating cash flow present have greater predictive capacity than earnings. The historical operating cash flow and accrual components, which are parts of aggregrate earnings has greater capacity to predict future operating cash flows than aggregrate earnings