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

HCA should not be implemented during high inflation and hyperinflation IAS 29 states: The financial statements of an entity whose functi...

Financial capital maintenance in units of constant purchasing power in terms of a daily rate or index is required I regard the requirement...

IAS 29 does not affect the operations of a company during hyperinflation           IAS 29´s ineffectiveness during hyperinflation was un...

Strengths of the CIPPA approach compared to IAS 29 during hyperinflation The competition is IAS 29. CIPPA during hyperinflation is finan...

Strengths of CIPPA compared to HCA during LOW inflation 1.     It automatically maintains the constant purchasing power of capital cons...

Monetary items under CIPPA Financial capital maintenance in units of constant purchasing power during LOW inflation and deflation (CIPPA),...

CIPPA is a departure from HCA and inflation in non-cash monetary items CIPPA is a departure from (1) HCA, i.e. the erosion of real value i...

A constant unit of account          Theoretically a global perfectly stable unit of fixed constant real value would be equal to one monetar...

Daily Consumer Price Index – DCPI (i)           Introduction       Unstable money is the unstable medium of exchange, unstable store of ...

Consumer Price Index          The CPI is the weighted average index value of a typical basket of consumer goods purchased by a typical co...