A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
Tuesday, 21 May 2013
The Applicability of IAS 29 to financial statements prepared under the concept of financial capital maintenance in constant purchasing power units.
The Applicability of IAS 29 to financial statements prepared under the concept of financial capital maintenance in constant purchasing power units.
The above IFRS Staff Paper contains 16 mistakes which I pointed out to the IASB over here.
Nicolaas Smith
Copyright (c) 2005-2013 Nicolaas J Smith. All rights reserved. No reproduction without permission.
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