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

In THE END OF ACCOUNTING and the Path Forward for Investors and Managers, Baruch Lev (NYU Stern) and Feng Gu (SUNY at Buffalo) expose the flaws of generally accepted accounting principles (GAAP), and propose a new system that Barron’ssays “improves transparency of corporate accounting rather than seeking to delude investors.”

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