{"product_id":"the-end-of-accounting-and-the-path-forward-for-investors-and-managers-hardcover","title":"The End of Accounting and the Path Forward for Investors and Managers - Hardcover","description":"\u003cp\u003eby \u003cb\u003eBaruch Lev\u003c\/b\u003e (Author), \u003cb\u003eFeng Gu\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn innovative new valuation framework with truly useful economic indicators\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe End of Accounting and the Path Forward for Investors and Managers\u003c\/i\u003e 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. \u003c\/p\u003e\u003cp\u003eWhile 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. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eDiscover a new, comprehensive system of economic indicators\u003c\/li\u003e \u003cli\u003eFocus on strategic, value-creating resources in company valuation\u003c\/li\u003e \u003cli\u003eLearn how traditional financial documents are quickly losing their utility\u003c\/li\u003e \u003cli\u003eFind a path forward with actionable, up-to-date information\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eMajor corporate decisions, such as restructuring and M\u0026amp;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? \u003ci\u003eThe End of Accounting and the Path Forward for Investors and Managers\u003c\/i\u003e shows you the reality and offers a new blueprint for more accurate valuation.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eDespite the efforts of regulators around the world who strive to improve accounting and corporate transparency, the financial information they require to be disclosed no longer truly reflects the performance and value of business enterprises. \u003ci\u003eThe End of Accounting and the Path Forward for Investors and Managers\u003c\/i\u003e empirically proves this statement and offers a new way of reporting that provides a truly transparent look at a business's vitality. \u003c\/p\u003e\u003cp\u003eToday's financial reports provide a very small component of the relevant information investors and lenders need to wisely put their money with high-potential organizations. Inside, the authors share their radical findings from examining quarterly earnings conference calls and investor meetings in four major economic sectors, revealing that a company's worth lies in the strategic, value-enhancing resources it holds rather than the traditional assets in corporate financial reports. This groundbreaking process is more than a way to avoid investing in companies with misleading financial reports; it's also proven to uncover the companies poised to capture major market share, but currently burdened by red ink on their books. The conclusions inside fly in the face of conventional investment wisdom and practice, but they were reached by extensive examination of real-world facts and, as you will see, proven in numerous case studies. This thorough resource gives you what you need to gain meaningful insight into a company, including: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eA comprehensive system of economic indicators that evaluates the performance and long-term competitive position of business enterprises\u003c\/li\u003e \u003cli\u003eA detailed proposal for how current accounting and reporting systems can be restructured to efficiently serve twenty-first century companies, investors, and lenders\u003c\/li\u003e \u003cli\u003eConcrete steps to conduct your investment routine to align with the real drivers of business success\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eMake your investing and lending decisions based on information that matters with\u003ci\u003e The End of Accounting and the Path Forward for Investors and Managers.\u003c\/i\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eBARUCH LEV\u003c\/b\u003e 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 \u003ci\u003eWinning Investors Over\u003c\/i\u003e. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eFENG GU\u003c\/b\u003e is an Associate Professor and Chair of the Department of Accounting and Law at the University at Buffalo. He has written numerous articles for top research journals.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 288\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.1 x 9.1 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 27, 2016\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51772721627424,"sku":"9781119191094","price":52.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/bc08f3d1b49cc217b4e41e5cf718fc21.webp?v=1780412468","url":"https:\/\/ebocreations.com\/products\/the-end-of-accounting-and-the-path-forward-for-investors-and-managers-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}