The end of accounting and the path forward for investors and managers / Baruch Lev, Feng Gu.
By: Lev, Baruch [author.].
Contributor(s): Gu, Feng [author.].
Series: Wiley finance series.Publisher: Hoboken, New Jersey : John Wiley & Sons, Inc., 2016Description: 260 pages.Content type: text Media type: unmediated Carrier type: volumeISBN: 9781119191094 .Subject(s): Financial statements | Investments -- Decision making | Finance | BUSINESS & ECONOMICS / FinanceGenre/Form: Print books.Summary: "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 key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation"--Current location | Call number | Status | Date due | Barcode | Item holds |
---|---|---|---|---|---|
On Shelf | HG4028.B2 L49 2016 (Browse shelf) | Available | AU0000000006125 |
Browsing Alfaisal University Shelves , Shelving location: On Shelf Close shelf browser
HG4028.B2 B422 2006 Financial intelligence : a manager's guide to knowing what the numbers really mean / | HG4028.B2 B422 2013 Financial intelligence : a manager's guide to knowing what the numbers really mean / | HG4028.B2 .E227 2015 The integrated reporting movement : meaning, momentum, motives, and materiality / | HG4028.B2 L49 2016 The end of accounting and the path forward for investors and managers / | HG4028 .C4 2020 Emotions and values in equity crowdfunding investment choices 1 / | HG4028.C4 D58 1994 Investment under uncertainty / | HG4028.C4 S48 2005 Capital budgeting and investment analysis / |
Includes index.
"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 key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation"--