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

Inflation, being a uniquely monetary phenomenon, can not, by definition, destroy the real value of non-monetary items. Inflation has no effe...

Today´s Fin24 has an article starting: " South Africa's inflation-targeting framework is likely to be fine-tuned by the new governm...

Most accountants and accounting authorities completely ignore the real value maintaining Constant Item Purchasing Power basic accounting mod...

The Constant Purchasing Power inflation accounting model required by the IASB in IAS 29 is in contrast to the Constant Item Purchasing Power...

Percentage unknowing real value destruction by SA accountants in constant items never maintained since Jan 1981 93.2% April 1994 ...

Price-level accounting clearly does not prevail for balance sheet constant items, as Harvey Kapnick hoped for in 1976, except during rare in...

"ABSA joins chorus of doom" on today´s Fin24.com states that ABSA´s operating performance had been knocked by a REDUCTION IN THE ...

1st Update: 24 June 2009 Audited annual financial statements provided by SA companies which prepare them using the traditional Historical Co...

Thought Leader Alan Greenspan correctly stated that low inflation is what sustained economic growth is built upon. It is very irresponsible ...

Real value unknowingly destroyed by SA accountants in Retained Earnings remaining in SA companies from Jan 1981 to Apr 2009 ...

Annual inflation: 8.4% as at April 2009 Cumulative inflation since Jan 1981: 1 354.8% Cumulative inflation since Apr 1994: 161.6% Cumulative...

1347.9% The cumulative inflation rate in SA since January 1981. 160.3% The cumulative inflation rate in SA since April 1994. 50% of real val...

Deflation is a sustained decrease in the general price level resulting in a sustained increase in the real value of the functional currency ...

"Inflation targeting is still seen by the markets as international best practice, which is why SA should stick with it." Greta Ste...

1.0 Three basic economic items The economy consists of economic items and economic entities. Economic items have economic value. Accountants...

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...