Login

Gu, Feng

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

Gu, Feng - The End of Accounting and the Path Forward for Investors and Managers, ebook

56,40€

Ebook, ePUB with Adobe DRM
ISBN: 9781119191087
DRM Restrictions

Printing86 pages with an additional page accrued every 9 hours, capped at 86 pages
Copy to clipboard5 excerpts

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.

Keywords: The End of Accounting and the Path Forward for Investors and Managers, Baruch Lev, Feng Gu, financial reporting, new financial framework, accounting practices, economic indicators, Value-Creation Report, valuation, investment decision making, corporate decision making, asset and liability valuation, strategy-based valuation, valuation research, accounting relevance, enterprise investing, corporate lending decisions, financial indicators, capital market decision making, bad financial indicators, irrelevant accounting, improving financial reports, new financial reporting, General Finance & Investments

Author(s)
 
Publisher
John Wiley and Sons, Inc.
Publication year
2016
Language
en
Edition
1
Series
Wiley Finance
Page amount
288 pages
Category
Economy
Format
Ebook
eISBN (ePUB)
9781119191087
Printed ISBN
9781119191094

Similar titles