Inflation Accounting Methods and their Effectiveness

Abstract

This thesis provides an overview of the inflation accounting methods and their applications as accounting standards. Constant purchasing power accounting and current cost accounting are explained as the major inflation accounting methods. Inflation accounting standards announced in the United States, Britain, and Canada are presented in a comparative manner. Several empirical studies which examined the usefulness of the inflation disclosures required by the U.S. Financial Accounting Standards Board Statement No. 33 are reviewed to provide information on the effectiveness of inflation accounting methods. These studies produced mixed results. While some showed enhanced information value in inflation disclosures, others showed none. Inflation, inflation accounting, constant purchasing power accounting, constant dollar accounting, current cost accounting, current value.

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1992
Accession Number
ADA255135

Entities

People

  • Ismail H. Sulucay

Organizations

  • Naval Postgraduate School

Tags

DTIC Thesaurus Topics

  • Accounting
  • Business Administration
  • Commerce
  • Cost Benefit Analysis
  • Costs
  • Finance
  • Governments
  • Inventory
  • Investments
  • Measurement
  • Money
  • New York
  • Power Gain
  • Price Index
  • Reliability
  • Standards
  • United States

Fields of Study

  • Business

Readers

  • Public Financial Management and Budgeting
  • Regression Analysis.
  • Technical Research and Report Writing.