Readings in Inflation AccountingP. T. Wanless, David A. R. Forrester |
Contents
Paul Bareau Inflation and the Economy | 22 |
On Not Accounting for Inflation | 41 |
R N Anthony A Case for Historical Costs | 49 |
Copyright | |
21 other sections not shown
Common terms and phrases
Accounting Review Accounting Standards adopted amount annual applied balance sheet calculated capital maintenance cash cash-flow cent Chartered Accountants companies concept consumer price index Cost Accounting Standards cost of capital cost of sales current cost accounting current replacement cost current value accounting debt decisions dividends dollars earnings effect equity capital exposure draft figures financial statements firm fixed assets gain or loss gains and losses historic cost basis historical cost accounting holding gains included income statement increase inflation accounting inflationary interest inventory investment investors LIFO Limperg measurement ment method monetary assets monetary items net realizable value non-monetary operating profit period price changes price index price-level accounting price-level adjustment price-level changes Price-Level Study problem production profit and loss proposed realizable value replacement value reported restatement result revaluation revenue shareholders specific price Standard Accounting Practice theory valuation value theory