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Discuss the various methods of inflation accounting.

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โˆ™ 2012-10-16 15:02:54
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Q: What are the methods for accounting inflation?
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Methods of inflation accounting?

ı suppose that there are two methods.These methods are historical cost accounting and current cost accounting..


Various inflation accounting methods of accounting for inflation?

one method is to adjust every figure in the balance sheet on the basis of a price index.


What are the advantages and disadvantages of inflation accounting?

An advantage of inflation accounting, is that it can correct problems with inflation. The negative part about inflation accounting is that it is not fair value accounting.


What has the author William J Bruns written?

William J. Bruns has written: 'Accounting for managers' -- subject(s): Managerial accounting, Case studies 'Accounting for inflation' -- subject(s): Replacement of industrial equipment, Cost accounting, Inflation (Finance) and accounting 'A simulation study of alternative methods of inventory valuation' 'Introduction to accounting' -- subject(s): Accounting


What is inflationary accounting?

The branch of accounting which deals with the transactions of inflation.


Advantages of inflation accounting?

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What has the author Francis Sandilands written?

Francis Sandilands has written: 'Inflation accounting' -- subject(s): Inflation (Finance) and accounting


What do you mean by inflation accounting?

As in accounting inflation is the rise in price of any goods or commodity, which helps accounting to persue the relevant terms & condition according to the market condition.


What are the inflation measurement methods?

there are two methods of measuring inflation,they are 1)consumer price index


What are the methods of Accounting for Branch?

branch accounting income statement


What are the problems cause by accounting diversity?

Assist companies entering the Norwegian market The problem with the diversification of accounting by multinational companies is that this will lead to many companies not being able to find ways of appropriating the inflation rate as most will be using different methods.


What are the problems caused by accounting diversity?

Assist companies entering the Norwegian market The problem with the diversification of accounting by multinational companies is that this will lead to many companies not being able to find ways of appropriating the inflation rate as most will be using different methods.

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