search query: @indexterm INFLATION ACCOUNTING / total: 161
reference: 7 / 161
| Author: | Philips, G.E. |
| Title: | Inflation adjustement to income entry and exit price systems |
| Journal: | Abacus
1990 : SEPT, VOL. 26:2, p.185-190 |
| Index terms: | ACCOUNTING INFLATION ACCOUNTING |
| Language: | eng |
| Abstract: | There are different views on the way in which price level adjustments might be made in the income account. Pratt (1988) noted that adjustments might be made in respect to individual assets or as a single adjustment to the opening capital An hypothesis is presented that may explain why accounting theorists have believed (erroneously) that inflation affetcs monetary items differently from non-monetary ones. |
SCIMA