Faculty News
Professor Baruch Lev's book, "The End of Accounting," is reviewed
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Excerpt from Reuters -- "'The End of Accounting' is a book that starts from the premise that the numbers companies publish every three, six or 12 months are no longer up to the job. Balance sheets have barely changed since the 19th century. Profit and loss statements were conceived before World War II. Both are better suited to businesses that make physical goods, and investors who don't measure trades in millionths of a second. The result is that these reams of paper - or pages of online text - no longer drive company valuations."
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