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Prof. Baruch Lev on the shift in information that companies are providing investors

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Excerpt from The Wall Street Journal -- “'The relevance of accounting information in financial reports is decreasing at an alarming rate,' says Baruch Lev, an accounting and finance professor at New York University’s Stern School of Business. 'What investors need is a comprehensive picture of the business model of a company and how it is executed.'”

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Additional coverage appeared on The Wall Street Journal.