The end of accounting and the path forward for investors and managers /

"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 docume...

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Detalles Bibliográficos
Autor principal: Lev, Baruch
Otros Autores: Gu, Feng, 1968-
Formato: Libro
Lenguaje:Inglés
Publicado: Hoboken, NJ : Wiley, c2016.
Colección:Wiley finance series
Materias:
Aporte de:Registro referencial: Solicitar el recurso aquí
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245 1 4 |a The end of accounting and the path forward for investors and managers /  |c Baruch Lev, Feng Gu. 
260 |a Hoboken, NJ :  |b Wiley,  |c c2016. 
300 |a xxv, 260 p. :  |b il. ;  |c 23 cm. 
490 1 |a Wiley finance series 
504 |a Incluye referencias bibliográficas e índice. 
505 0 |a Corporate reporting then and now : a century of "progress" -- And you thought earnings are the bottom line -- The widening chasm between financial information and stock prices -- Worse than at first sight -- Investors' fault or accounting's? -- Finally, for the still unconvinced -- The meaning of it all -- The rise of intangibles and fall of accounting -- Accounting : facts or fiction? -- Sins of omission and commission -- What really matters to investors (and managers) -- Strategic resources & consequences report: Case no. I--Media and entertainment -- Strategic resources & consequences report: Case no. 2--Property and casualty insurance -- Strategic resources & consequences report: Case no. 3--Pharmaceutics and biotech -- Strategic resources & consequences report: Case no. 4--Oil and gas companies -- Implementation -- So, what to do with accounting? A reform agenda -- Investors' operating instructions. 
520 |a "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."--Descripción del editor. 
650 0 |a Financial statements. 
650 0 |a Investments  |x Decision making. 
650 0 |a Finance. 
650 7 |a Estados financieros.  |2 UDESA 
650 7 |a Inversiones  |x Toma de decisiones.  |2 UDESA 
650 7 |a Finanzas.  |2 UDESA 
700 1 |a Gu, Feng,  |d 1968- 
830 0 |a Wiley finance series