Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI

2% Inflation is 98% stable value or 98% Real Value Accounting. However, it will still destroy 51% of the value of money and constant value...

Tito Mboweni asked the following question: “Is there a danger that we are killing the real economy?” Inflation always destroys real value ...

1. Money 2. Variable value items 3. Constant value items The first economies only consisted of people and variable value items. Trade was by...

Updated on 20 January 2012 Buy the ebook for $2.99 or £1.53 or €2.68 This a verbatim copy of the my article Financial Statements, ...

Paragraph 40 of IAS 29 can be taken as revoking the stable measuring unit assumption in low inflationary economies as the word inflation is ...

The application of the historical cost principle by the accounting profession results in the destruction of "hundreds of billions of do...

In historical cost accounting, historical cost is the original monetary value of an economic item. When an historical cost item, for example...

The real value of money within an economy or monetary union is determined by all the underlying value systems within that economy or monetar...

Real value is what you can sell things for right now. That means, someone is willing to buy them from you for a specific value payable immed...

Very few people understand the difference between inflation and a price increase. Inflation is an increase in the general price level. A pri...

BusinessDay reports that business confidence is the lowest in seven years. Business confidence in South Africa will increase considerably ...

Unfortunately these black students are learning Historical Cost Accounting which includes the stable measuring unit assumption. They will ...

It was once generally accepted that the world was flat. It is now generally accepted that Robert Mugabe´s policies destroyed the Zimbabwean ...

If SA were a hyperinflationary economy with continuous 26% inflation for three years in a row (the International Accounting Standards Board’...

Inflation always and everywhere results in the destruction of real value in (A) all monetary items over time (which cannot be updated) and ...

Inflation IS the universal enemy as far as monetary items are concerned. Each one per cent rise in inflation instantaneously destroys more h...

Inflation accounting describes an accounting model to be used during very high and hyperinflation. CIPPA is to be implemented at all levels ...

Official Stabilization Plan · Unify official and parallel exchange rates. · Demonstrate commitment to greater fiscal responsibility. · Scrap...

The generally accepted notion in Zimbabwe that it is acceptable that a person can use ink and a roll of paper to collect US Dollars should s...

Equilibrium for Zimbabwe will come about when Zimbabwe copies Brazil and implements a Zim non-monetary index unit or Zim Real Value Unit bas...