Inflation accounting methods and their effectiveness
Sulucay, Ismail Hakki
Fremgen, James M.
MetadataShow full item record
This thesis provides an overview of 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.
Approved for public release; distribution is unlimited
Showing items related by title, author, creator and subject.
Clickener, John Ross (Monterey, California. Naval Postgraduate School, 1976-12);This thesis examines the methods proposed and employed to recognize the effects of inflation in financial reporting. A brief discussion of the development of valuation theory is presented and the principal alternatives ...
Breen, Michael F. (Monterey, California. Naval Postgraduate School, 1982-06);This report examines the effect of including real property depreciation in the U.S. Coast Guard's overhead costs. The following accounting concepts are discussed as to the nature and appropriateness to the Yard's accounting: ...
A study of the implementation of current cost accounting in the Republic of Korea Army procurement systems. Lee, Joo Man (1986-06);This thesis examines the methods proposed and employed to recognize the effects of inflation in financial reporting in Republic of Korea Army (ROKA) procurement. A discussion of the nature of the ROKA procurement system ...