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The End of Accounting and the Path Forward for Investors and Managers
By Baruch Lev, Feng Gu
Hardcover
$52.00
By Baruch Lev, Feng Gu
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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 accoun...
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