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

Capital has never and is never and will never be maintained constant in real value by entities which prepare their financial statements on t...

Example:  US Dollar as a monetary item The US Dollar is a monetary item only inside the US economy. Its nominal price is the nominal int...

Negative interest rates are only negative under the nominal Historical Cost Accounting paradigm. The effect of negative interest rates is ...

No balance sheet has ever balanced in real value under Historical Cost Accounting and no balance sheet ever will while money, subject to in...

International Accounting Standards Board 30 Cannon Street London EC4M 6XH United Kingdom Dear Sirs, Re: Request for comment o...