Mrs Hester Hickey, Chairperson of SAICA, Do you agree with SAICA that: " Inflation-adjusted accounts in a low inflation environment insult the user?

Copy of list of comments on the SAICA Discussion Forum on the previous version of their website. The Discussion Forum has been removed completely from SAICA´s new website. Click on the image above.




Submitted by: Nicolaas Smith

Date Submitted: 18 August 2008

[1] Mrs Hickey,

If you do not want to answer me here in public, then I will send you the question by email. You and I have corresponded by email before.

This is a matter for the public. I think it would be better to answer here in publich since SAICA made that statement here in public.

Nicolaas Smith
http://realvalueaccounting.blogspot.com/





Submitted by: Nicolaas Smith

Date Submitted: 18 August 2008



[2] Mrs Hester Hickey,

As Chairperson of SAICA, do you agree with the following statement by SAICA?

“Ultimately, inflation-adjusted accounts in a low inflation environment insult the user by implying that he lacks the sense to arrive at his own conclusions; by suggesting that he needs his hand held when he is instinctively aware of the route he should take to reach his goal.”

Nicolaas Smith


Click on images to read SAICA´s statement on second image.