cross sectional variation in cash flow asymmetric timeliness and its effect on conditional conservatism

The purpose of this study is review of cross sectional variation in cash flow asymmetric timeliness and its effect on conditional conservatism. In this study data from 120 firms in Tehran Stock Exchange for the period between the years 1384 to 1390 were examined. Regression model that used in this research is panel data method with fixed effects approach. The most common measure of conditional conservatism in accounting is asymmetry Timeliness in recognizing Profits and losses. Nevertheless، this measure combines both asymmetry timeliness of accruals and cash flows from operation. With respect to this that asymmetry timeliness of operating cash flow is not belong to the domain of profits and losses، Cause variation in the test of conservative. In this research and with respect to good and bad news show that asymmetry timeliness of operating cash flow cross sectionally is different with lifecycle variable of company (Size، age، growth and capital expenditure). The results show that conservatism is higher in the early stages of the company lifecycle.