Typical GAAP financials that look backward have become useless to investors in the new economy that’s built on hard-to-quantify intangible assets, says Baruch Lev (New York University) in his book, The End of Accounting, that he co-wrote with Feng Gu (SUNY Buffalo). At the New York State Society of CPAs Business Valuation Conference on May 15 in New York City, Lev will present an actionable alternative, the “Value Creation Report,” which includes new indicators that focus on strategy and execution to identify and evaluate a company's true value-creating resources.
Lev is part of a full slate of speakers who will conduct sessions on DLOM, valuing PTEs, fair value, the Section 2704 regs, and more. BVWire attends this top-notch event every year, and we hope to see you there! Can’t get away? No problem—the event will be webcast.
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