Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Accountants´ unknowing destruction of entities´ capital and profits
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Showing posts with label
Accountants´ unknowing destruction of entities´ capital and profits
.
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Saturday 17 April 2010
Accountants´ unknowing destruction of entities´ capital and profits with Historical Cost Accounting during low inflation as well as its only remedy authorized in IFRS in the same statement 21 years ago.
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ACCOUNTANTS´ UNKNOWING DESTRUCTION OF ENTITIES´ CAPITAL AND PROFITS WITH HISTORICAL COST ACCOUNTING DURING LOW INFLATION AS WELL AS ITS ONL...
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