Pages

Friday, 30 May 2008

CAs please drop the stable measuring unit assumption

Nicolaas Smith on 2008/05/29 09:01:15 PM - CAs please drop the stable measuring unit assumpti

Finweek 29 May 2008

When CAs drop their assumption that there is no inflation when they account constant items like salaries, wages, taxes, retained income, issued share capital, etc they will guarantee the achievement of a 0% inflation target in the real economy for an indefinite period of time. http://realvalueaccounting.blogspot.com/