Order from a Major Online Bookstore
Ultimate Book Price Comparison Engine
Save Your Time And Money
| AnyBook4Less.com | Order from a Major Online Bookstore |
|
| Home | Store List | FAQ | Contact Us | | ||
| Ultimate Book Price Comparison Engine Save Your Time And Money |
||
 |
Title: The ValueReporting Revolution: Moving Beyond the Earnings Game by Robert G. Eccles, Robert H. Herz, E. Mary Keegan, David M. H. Phillips ISBN: 0-471-39879-9 Publisher: John Wiley & Sons Pub. Date: 15 March, 2001 Format: Hardcover Volumes: 1 List Price(USD): $29.95 |
Average Customer Rating: 4.81 (16 reviews)
Rating: 5
Summary: A compelling read
Comment: The ValueReporting Revolution is one of the best, if not THE best, financial book that I have read in the last few years. Thought provoking and compelling, this book provides a sharp analysis of how and why current corporate reporting systems need to evolve. A must read for both the investing community, who need to understand a company's true value, and the financial community, who report on and create a company's value.
Rating: 5
Summary: Long Live the Revolution!
Comment: The Value Reporting Revolution offers a much needed attack on the status quo of financial reporting and, even more importantly, suggests some remedies. Weaving cases and data from original research, academic papers, and the business press, Eccles et al. have written an accessible guide with minimal accounting jargon and even touches of humor.
After thorough analysis of the shortcomings of today's "earnings game," the authors map out a comprehensive approach to determining and sharing key financial and nonfinancial data that will help all business stakeholders assess a company's value. By using internal performance measurement tools such as the Balanced Scorecard for external reporting, companies can focus more clearly on creating value rather than face a quarterly scramble to burnish their earnings picture. Nonfinancial disclosure would also improve decision making for investors by providing a more complete picture of company operations and strategy.
In addition to promoting a commitment to improved ongoing communications, the authors note that the Internet and recent financial disclosure regulation have enabled new entrants to develop and distribute a range of economic information and services that compete directly with traditional Big-5 and Wall Street firms. This could signify the end of the "double-secret, uber-whisper" the earnings rumors that reach (and reward) only a subset of a subset of people in the know.
As an organizational consultant, this book was very helpful in clarifying the network of relationships among companies, analysts, regulators, accountants, and investors - and showing how they misestimate value and often move markets based on limited, asymmetric information. ValueReporting suggests an alternative way for companies to account for themselves that is aligned with sound management and sound investing.
Rating: 4
Summary: Good "second book" on accounting reform
Comment: If you want to learn about accounting scams, you probably need Mulford and Comiskey, The Financial Numbers Game. But for a broader view of the virtues and limits of accounting, Eccles and company have a lot to offer. You can skip or skim the somewhat overhyped stuff about the "ValueRevolution" itself (note that three of the authors come from PricewaterhouseCoopers, where they seem to be having some trouble with their space bar, or spacebar). Keep your best brain cells for chapters three through eight, where you get a look at the earnings obsession -- and just as useful, a suggestion of what investors really need and want. Note that one of the co-authors (Robert H. Herz) is the new head of the Financial Accounting Standards Board).
 |
Title: Building Public Trust: The Future of Corporate Reporting by Samuel A. DiPiazza, Robert G. Eccles ISBN: 0471261513 Publisher: John Wiley & Sons Pub. Date: 14 June, 2002 List Price(USD): $24.95 |
 |
Title: Intangibles: Management, Measurement, and Reporting by Baruch Lev ISBN: 0815700938 Publisher: The Brookings Institution Pub. Date: 30 June, 2001 List Price(USD): $18.95 |
 |
Title: The Financial Numbers Game: Detecting Creative Accounting Practices by Charles W. Mulford, Eugene E. Comiskey ISBN: 0471370088 Publisher: John Wiley & Sons Pub. Date: 18 January, 2002 List Price(USD): $39.95 |
 |
Title: The Wealth of Knowledge: Intellectual Capital and the Twenty-first Century Organization by THOMAS A. STEWART ISBN: 0385500718 Publisher: Currency Pub. Date: 26 December, 2001 List Price(USD): $27.50 |
 |
Title: Inside Arthur Andersen: Shifting Values, Unexpected Consequences by Susan E. Squires, Cynthia Smith, Lorna McDougall, William R. Yeack ISBN: 0131408968 Publisher: Financial Times Prentice Hall Pub. Date: 02 June, 2003 List Price(USD): $24.95 |
Thank you for visiting www.AnyBook4Less.com and enjoy your savings!
Copyright� 2001-2021 Send your comments
