Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI: Accounting constant items never updated at historical cost destroys their real values

Showing posts with label Accounting constant items never updated at historical cost destroys their real values. Show all posts

Showing posts with label Accounting constant items never updated at historical cost destroys their real values. Show all posts

Saturday 11 July 2009

Accounting constant items never updated at historical cost destroys their real values

The third economic item is a constant real value non-monetary item. Constant items are real value non-monetary items with constant values ...