The end of accounting and the path forward for investors and managers. (2016)

• Record Type: Book
• Further Information: Note: Baruch Lev, Feng Gu.
• Authors: Lev, Baruch; Gu, Feng, 1968-
• Contents: Acknowledgments xi The Book in a Nutshell xiii Prologue xxv CHAPTER 1 Corporate Reporting Then and Now: A Century of “Progress” 1 CHAPTER 2 And You Thought Earnings Are the Bottom Line 15 PART ONE Matter of Fact 27 CHAPTER 3 The Widening Chasm between Financial Information and Stock Prices 29 CHAPTER 4 Worse Than at First Sight 41 CHAPTER 5 Investors’ Fault or Accounting’s? 50 CHAPTER 6 Finally, For the Still Unconvinced 61 CHAPTER 7 The Meaning of It All 67 PART TWO Why Is the Relevance Lost? 77 CHAPTER 8 The Rise of Intangibles and Fall of Accounting 81 CHAPTER 9 Accounting: Facts or Fiction? 94 CHAPTER 10 Sins of Omission and Commission 104 PART THREE So, What’s to Be Done? 113 CHAPTER 11 What Really Matters to Investors (and Managers) 119 CHAPTER 12 Strategic Resources & Consequences Report: Case No. I—Media and Entertainment 133 CHAPTER 13 Strategic Resources & Consequences Report: Case No. 2—Property and Casualty Insurance 146 CHAPTER 14 Strategic Resources & Consequences Report: Case No. 3—Pharmaceutics and Biotech 163 CHAPTER 15 Strategic Resources & Consequences Report: Case No. 4—Oil and Gas Companies 179 PART FOUR Practical Matters 197 CHAPTER 16 Implementation 199 CHAPTER 17 So, What to Do with Accounting? A Reform Agenda 213 CHAPTER 18 Investors’ Operating Instructions 230 Epilogue: Advocacy Needed 241 Author Index 243 Subject Index 247
• Edition: 1st
• Publisher Details: Hoboken, New Jersey : John Wiley & Sons, Inc
• Publication Date: 2016
• Extent: 1 online resource
• Subjects: 332.632042; Financial statements; Investments -- Decision making; Finance
• Languages: English
• ISBNs: 9781119191087; 9781119190998
• Related ISBNs: 9781119191094
• Notes: Note: Description based on CIP data; item not viewed.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.