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The End of Accounting and the Path Forward for Investors and Managers
Baruch Lev
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Description for The End of Accounting and the Path Forward for Investors and Managers
Hardcover. Series: Wiley Finance. Num Pages: 352 pages. BIC Classification: KF. Category: (P) Professional & Vocational. Weight in Grams: 666.
An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution the Value Creation Report and demonstrates its utility in ... Read more
An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution the Value Creation Report and demonstrates its utility in ... Read more
Product Details
Publisher
John Wiley & Sons Inc
Format
Hardback
Publication date
2016
Series
Wiley Finance
Condition
New
Number of Pages
288
Place of Publication
New York, United States
ISBN
9781119191094
SKU
V9781119191094
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
About Baruch Lev
BARUCH LEV is the Philip Bardes Professor of Accounting and Finance at the NYU Stern School of Business. He has authored more than 100 research studies and five books, including Winning Investors Over. FENG GU is an Associate Professor and Chair of the Department of Accounting and Law at the University at Buffalo. He has written ... Read more
Reviews for The End of Accounting and the Path Forward for Investors and Managers
..goes far beyond a mere provocation and could be considered one of the most effective reviews on the current status of accounting. (European Accounting Association, June 2017)