In most of the countries in the world , the model of the statement of cash flows has three sections while it consists of five sections in IRAN. Furthermore , for the first time , the model of four- section with it's reasons have been presented by the authors.
This article presents the results of a post- test with multiple group design conducted to determine the effects of three models of the statement of cash flows on professional investors' judgments. This research shows that the statement of cash flows presentation method has effect on professional investors' judgments.
Also, it became obvious that there is no significant difference between investors' judgments based on three - section and five- section models on one side and judgments based on five – section and four - section models on the other side. Whereas , there is a significant difference between investors' judgments based on four- section and three- section models.
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