| Sumario: | The article highlights the release of Approved Australian Accounting Standards 1026, 'Statement of Cash Flows,' in 1992, while providing information on a study which was conducted to ascertain the decision-making concept of the cash-flow statement cash-flow statement (CFS). There have been numerous suggestions in the literature that the CFS has achieved, albeit by a somewhat circuitous route, the status of a primary financial statement, adding comparable importance to the profit and loss statement and balance sheet. Indeed, a primary purpose of this article is to meet the call for greater research efforts on the CFS and to evaluate its growing significance on the Australian financial reporting environment. Besides the benefits accruing to the Australian accounting profession, relevant research on this topic will also prove useful on an international level. The present study is based on a survey of 159 financial statements users, of which eighty-three were loan officers and seventy-six were financial analysts. The survey analyzed their ratings of several decision contexts of the CFS, many of which were replicated.
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