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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SA accountants abdicate one of their main functions
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Showing posts with label
SA accountants abdicate one of their main functions
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Show all posts
Thursday 25 February 2010
HCA abdicates one of its main functions
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1970-style Constant Purchasing Power (CPP) inflation accounting was a popular but failed attempt at inflation accounting at the time. It was...
Wednesday 16 September 2009
SA accountants abdicate one of their main functions
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The function of financial accounting is not just “to convey value information about the economic resources of a business” as Harvey Kapnick ...
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