Investigation the effect of financial forecasts in accruals pricing

Leila Ghorbani¹

1) M.Sc of Accounting-Accountant and

IOI Code : XYAC-ZCADZ
Publication : 3rd.International Conference on Modern Research’s in Management,Economics & Accounting(3meaconf.com)
Abstract :
    Financial forecasts that over the years by many managers and financial analysts are given, the default of financial condition and performance shows. At the same time provide forecasts, required fields to identify the corporate liquidity flexibility provides. But investors their economic decisions are considered less future financial information.The main objective of this study is the effect of the financial forecasts on accounting accruals pricing. The statistical sample consisted of 170 firms listed in the Tehran Stock Exchange over the period 2009 to 2014 is 6 years old.The multivariate regression analysis was used to test the hypotheses. The results showed that the financial forecasts effective in reducing the accruals mispricing by investors.The results indicate the usefulness of the forecasts information content is effective to reduce the accruals mispricing.

Keywords : accruals accruals pricing financial forecasts