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

The debate of how to account for value has been around for decades. Robert Kemp, CPA Professor, University of Virginia The three fundame...

Constant Purchasing Power Accounting as defined in International Accounting Standard IAS 29 Financial Reporting in Hyperinflationary Econom...

The debate of how to account for value has been around for decades. Robert Kemp, CPA Professor, University of Virginia – CC http://www.glg...

The economy is divided in the monetary and non-monetary or real economy. Economic items consist of monetary and non-monetary items. Non-mone...

The International Accounting Standards Board´s Framework introduced the real value maintaining Constant ITEM Purchasing Power Accounting mod...

The IASB´s Framework, Par. 104 (a) states: "Financial capital maintenance can be measured in either nominal monetary units or units of...

Updated on 23 July 2013 Deflation is a sustained decrease in the general price level resulting in a sustained increase in the real value ...

Geoffrey Whittington, one of the world’s leading experts in inflation accounting and International Financial Reporting Standards stated: ...

Updated on 31 May 2014 The Historical Cost Mistake is the implementation of the stable measuring unit assumption under Historical Cost Ac...

No double entry accounting model creates value. Not all double entry accounting models maintain value. Not all double entry accounting model...

Inflation affects the fundamental value of all monetary items. Inflation destroys the real value of all monetary items directly and equally....