The End of Accounting and the Path Forward for Investors and Managers
Table of Contents
The Book in a Nutshell xiii
CHAPTER 1 Corporate Reporting Then and Now: A Century of “Progress”
CHAPTER 2 And You Thought Earnings Are the Bottom Line
PART ONE Matter of Fact
CHAPTER 3 The Widening Chasm between Financial Information and Stock Prices
CHAPTER 4 Worse Than at First Sight
CHAPTER 5 Investors’ Fault or Accounting’s?
CHAPTER 6 Finally, For the Still Unconvinced
CHAPTER 7 The Meaning of It All
PART TWO Why Is the Relevance Lost?
CHAPTER 8 The Rise of Intangibles and Fall of Accounting
CHAPTER 9 Accounting: Facts or Fiction?
CHAPTER 10 Sins of Omission and Commission
PART THREE So, What’s to Be Done?
CHAPTER 11 What Really Matters to Investors (and Managers)
CHAPTER 12 Strategic Resources & Consequences Report: Case No. I—Media and Entertainment
CHAPTER 13 Strategic Resources & Consequences Report: Case No. 2—Property and Casualty Insurance
CHAPTER 14 Strategic Resources & Consequences Report: Case No. 3—Pharmaceutics and Biotech
CHAPTER 15 Strategic Resources & Consequences Report: Case No. 4—Oil and Gas Companies
PART FOUR Practical Matters
CHAPTER 16 Implementation
CHAPTER 17 So, What to Do with Accounting? A Reform Agenda
CHAPTER 18 Investors’ Operating Instructions
Epilogue: Advocacy Needed