Business Insights: Why Accounting Standards Need to Change

As Warren Buffet said “accounting is the language of business” and unfortunately accounting standards encourage companies to ignore intangible assets and instead focus on increasingly irrelevant tangible assets, which now account for less than 13% of all company value.

In this video Paul Adams, CEO of EverEdge Global, shares insights into why focusing on tangible assets can be problematic for businesses.

 

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