LEADER 03716nam 2200625 450 001 9910135022503321 005 20200520144314.0 010 $a1-119-19099-1 010 $a1-119-27004-9 035 $a(CKB)4330000000009834 035 $a(SSID)ssj0001680660 035 $a(PQKBManifestationID)16502159 035 $a(PQKBTitleCode)TC0001680660 035 $a(PQKBWorkID)14946716 035 $a(PQKB)24360143 035 $a(Au-PeEL)EBL4538258 035 $a(CaPaEBR)ebr11218425 035 $a(CaONFJC)MIL928623 035 $a(OCoLC)945730115 035 $a(CaSebORM)9781119191094 035 $a(MiAaPQ)EBC4538258 035 $a(EXLCZ)994330000000009834 100 $a20160622h20162016 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe end of accounting and the path forward for investors and managers /$fBaruch Lev, Feng Gu 205 $a1st edition 210 1$aHoboken, New Jersey :$cWiley,$d2016. 210 4$dİ2016 215 $a1 online resource (289 pages) 225 1 $aWiley Finance Series 300 $aIncludes indexes. 311 $a1-119-19109-2 330 $aAn innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution?the Value Creation Report?and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation. 410 0$aWiley finance series. 606 $aFinancial statements 606 $aInvestments$xDecision making 606 $aFinance 615 0$aFinancial statements. 615 0$aInvestments$xDecision making. 615 0$aFinance. 676 $a332.63/2042 686 $aBUS027000$2bisacsh 700 $aLev$b Baruch$0149677 702 $aGu$b Feng 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910135022503321 996 $aThe end of accounting and the path forward for investors and managers$92290798 997 $aUNINA