Inflation Accounting
Historical cost, Accountancy, Inflation, Hyperinflation, International Accounting Standards Board
978-613-9-68563-9
613968563X
80
2012-01-08
287.64 HK$
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Inflation accounting is a term describing a range of accounting systems designed to correct problems arising from historical cost accounting in the presence of inflation. Inflation accounting is used in countries experiencing high inflation or hyperinflation. For example, in countries experiencing hyperinflation the International Accounting Standards Board requires corporate financial statements to be adjusted for changes in purchasing power using a price index.
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