Engages with contemporary issues in accounting, such as fair value accounting, for relevance to both investors and regulators
Summarized by Shop
Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value.
Laying aside many of the tools of modern finance—the cost-of-capital, the CAPM, and discount