Baruch LevFeng Gu
Gebundenes Buch

The End of Accounting and the Path Forward for Investors and Managers

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An innovative new valuation framework with truly useful economic indicatorsThe 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 sim...