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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IASB clueless about destruction by stable measuring unit assumption
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Showing posts with label
IASB clueless about destruction by stable measuring unit assumption
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Thursday 4 February 2010
IASB clueless about destruction by stable measuring unit assumption
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The International Accounting Standards Board confirms the fact that the Historical Cost paradigm is firmly in place when it states in IAS 29...
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