# Professor Baruch Lev's co-authored book, "The End of Accounting," is referenced

Faculty News

— April 23, 2018

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Excerpt from [Pensions & Investments](http://www.pionline.com/article/20180423/ONLINE/180429999/commentary-growth-vs-value-8212-a-trillion-dollar-debate) -- "Accounting professors [Baruch Lev](http://www.stern.nyu.edu/faculty/bio/baruch-lev) and Feng Gu observed in 'The End of Accounting' (John Wiley & Sons, 2016) that over the past 40 years, the investment rate in physical capital fell by 35% while the investment rate in intangible assets grew by almost 60%."

[Read more](http://www.pionline.com/article/20180423/ONLINE/180429999/commentary-growth-vs-value-8212-a-trillion-dollar-debate)