Baruch Lev: “Financial reports are irrelevant”

Professor Baruch Lev is the soothingly eloquent voice of reason in a world of accounting which is becoming increasingly unhelpful. He - and the IC’s very own Algy Hall - argue that the financial reports do not reflect the true value of companies because they fail to account for the all important intangible assets. This podcast will open your eyes to the flaws in accounting. To understand how investors can sidestep these issues head to the IC's website to read Algy's reinvention of value.Investors' Chronicle has supported private investors in the UK for over 160 years by highlighting rewarding investment opportunities. Investors' Chronicle is a service by the Financial Times. Hosted on Acast. See acast.com/privacy for more information.