Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI: I´m an accountant: I will destroy your retained profits at a rate equal to the inflation rate.

Showing posts with label I´m an accountant: I will destroy your retained profits at a rate equal to the inflation rate.. Show all posts

Showing posts with label I´m an accountant: I will destroy your retained profits at a rate equal to the inflation rate.. Show all posts

Friday 31 July 2009

Trust me, I´m an accountant: I will destroy your retained profits at a rate equal to the inflation rate.

AccountingWeb has a headline on the web at the moment: Trust me. I am an accountant. Well, that is the historical cost accounting fantasy st...