Faculty News
Professor Baruch Lev's comments at a roundtable discussion on financial reporting are highlighted
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Excerpt from the CPA Journal -- "What is possible to do is to assess the usefulness of items in the financial report. And the key item is, of course, the bottom line. I did so recently in an article published in Financial Analysts Journal. Basically, what my coauthor Feng Gu and I said was: if earnings indeed reflect value creation by companies, then investing in companies with good earnings should yield very high returns."
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