The relationship between Analyst cash flow forecasts and pricing of accruals for Companies Listed in Tehran’s Stock Market

This study examines the relationship between analysts' forecasts of cash flow and pricing of accruals in companies listed on the Tehran Stock Exchange. Analyst forecasts of cash flow based on the random walk model and pricing accruals measured using the accrual anomaly is evaluated. Negative correlation between abnormal accruals and accrual component-efficiency refers futures. The overall goal of research analysts' forecasts depressing effect on cash flow anomalies are accruals. In order to achieve this aim during the period 1388 to 1392, as the sample size of 168 companies selected using systematic elimination. The sample size was intercepted and data collection and database software Eviews econometric estimation was conducted to test the hypothesis. Research evidence suggests that forecasts of cash flow anomalies accrual is reduced