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The essay must be less than 2,000 words (excluding any tables, figures, bibliogr

The essay must be less than 2,000 words (excluding any tables, figures, bibliography and appendices). The word count should be shown. Discuss the usefulness of earnings (and the income statement) and cash flows (and the cash flow statement) in predicting future cash flows and stock returns. The articles listed below are a starting point: 1) Barth, M.E., P.C. Donald and K.K. Nelson (2001), Accruals and the Prediction of Future Cash Flows, The Accounting Review, Vol. 76, No. 1, January, pp. 27–58 2)Finger, C.A. (1994), The Ability of Earnings to Predict Future Earnings and Cash Flows, Journal of Accounting Research, Vol.32, No.2, Autumn, pp.210-223.