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Discuss the various methods of inflation accounting.

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12y ago
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14y ago

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

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14y ago

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

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Q: What are the methods for accounting inflation?
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Advantages 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.


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


What has the author Francis Sandilands written?

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What has the author Barry Jay Epstein written?

Barry Jay Epstein has written: 'Inflation accounting' -- subject(s): Accounting, Replacement of industrial equipment, Cost accounting, Effect of inflation on 'Wiley IAS 99' -- subject(s): Accounting, Standards 'Wiley IAS 2001' -- subject(s): Accounting, Standards


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Financial Accounting Cost Accounting Management Accounting Social Accounting Forensic Accounting Fund Accounting Governmental Accounting Resource Consumption Accounting Project Accounting