Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI: Traditional Historical Cost Accounting is not an appropriate accounting policy for SA companies

Showing posts with label Traditional Historical Cost Accounting is not an appropriate accounting policy for SA companies. Show all posts

Showing posts with label Traditional Historical Cost Accounting is not an appropriate accounting policy for SA companies. Show all posts

Friday 9 April 2010

Traditional Historical Cost Accounting is not an appropriate accounting policy for SA companies

Auditors state in the audit report that the directors´ responsibility for the financial statements includes selecting and applying appropria...