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

Submitter.............Organization..................Date Nicolaas Smith........Real Value Accounting.........25th February, 2010 Ms Amy...

SA accountants and accounting lecturers at SA universities do not understand that they can stop this unknowing destruction by SA accountants...

1970-style Constant Purchasing Power (CPP) inflation accounting was a popular but failed attempt at inflation accounting at the time. It was...

Variable real value non-monetary items do not need to be and are not valued in units of constant purchasing power during low inflation becau...

SA accountants unknowingly destroy or maintain (please note: not create) the real value of constant real value non-monetary items (please no...

Capital maintenance is the continuous maintenance of the real value of capital over time; i.e. the constant purchasing power of capital. F...

One of the inflation accounting models that was tried unsuccessfully in the 1970´s and 1980´s was Constant Purchasing Power Accounting (CPPA...

The IASB approved financial capital maintenance in nominal monetary units fallacy led SA accountants to choose to implement the traditional ...

“The South African Reserve Bank is the central bank of the Republic of South Africa. It regards its primary goal in the South African econom...

One of the basic principles in accounting is “The Measuring Unit principle: The unit of measure in accounting shall be the base money unit...

Capital maintenance logically means maintaining the real value of existing capital. Any other definition is obviously wrong. The IASB´s fina...

Hi, I was still in South Africa when Nelson Mandela walked free. Not being very interested in politics, I was not very much aware of his ...

For accountants Accountants today still apply their stable measuring unit assumption to the valuation of companies´ capital and profits. ...

For CA´s “Monetary items have to be stated at their original nominal values because money cannot be updated. Inflation destroys the real v...

Boerseun, Thank you for your visits. You know I appreciate your comments. Today you stated: "I always come to read your posts and t...

The world only goes round by misunderstanding. Charles Baudelaire It is generally accepted under the current Historical Cost paradigm that...

South African Consumer Price Index 109.2 December 2009 Base year 2008 = 100 Table A – All Urban Areas All items in financial reports dat...

Price-level accounting as Harvey Kapnick hoped for in 1976 clearly does not prevail for balance sheet constant items and most income stateme...

The International Accounting Standards Board confirms the fact that the Historical Cost paradigm is firmly in place when it states in IAS 29...

It must be clearly understood, however, that accounting per se can not and does not create real value out of thin air – out of nothing. Ac...