Author Description
Inflation Accounting In The United States General Price-level Accounting; Current Value Accounting; Inflation Accounting In Other Countries. Inflation Accounting In The United States: The History Of Inflation Accounting In The United States / By William D. Milligan; The Arb's And Ars No. 6 / By William D. Milligan; Apb Statement / By William D. Milligan; Fasb Exposure Draft -- December 31, 1974 / By William D. Milligan; Asr / By William D. Milligan; Fasb Exposure Draft -- December 28, 1978 / By William D. Milligan; Conclusion / By William D. Milligan; Inflation Accounting --^ Pursuing The Elusive / By Philip L. Defliese; Are You Accounting For Inflation In Your Capital Budgeting Process? / By D.d. Raiborn And Thomas A. Ratcliffe; Proposing A More Appropriate Dividend Policy / By Eugene L. Zieha And Thomas T. Cheng; General Price-level Accounting: Constant Dollar Accounting / By Robert D. Baumann; Examples Of Price-level Adjustment Computations; The Two-dimensional Time Frame Of Common Dollar Statements / By Andrew D. Bailey And Daniel L. Jensen; Purchasing Power Gains And Losses / By Robert D. Baumann; Current Value Accounting: Current Cost Accounting / By Robert D. Baumann; What Is Current Value? / By Laurence A. Friedman; Replacement Cost Accounting -- How We Did It / By Howard Wells; Replacement Cost Accounting -- Progress Or Regression? / By Michaela M. Marcil; Current Value Accounting --^ Cocoa Or Repco / By R.j. Chambers; Problems With Current Value Accounting; Holding Gains And Losses / By Robert D. Baumann; Inflation Accounting In Other Countries: Extraordinary Inflation -- The Argentine Experience / By Ke-young Chu And Andrew Feltenstein; Accounting For Inflation -- Brazil / By Manoel Riberio Da Cruz Filho And Amandio Da Silva Machado; How Brasilia Does It / By Peter Myers; Reporting The Impact Of Changing Prices In Great Britain / By M. Zafar Iqbal; Accountants And Accountancy -- Is It Only Accountants Who Cannot Recognize The Effect That Inflation Has Had
Menrva's Summary
THE THESIS
This collection investigates the methodological challenges of accurately representing financial positions during periods of significant economic inflation. Editor Robert W. McGee compiles a series of technical papers and historical analyses to evaluate how different accounting frameworks—specifically general price-level and current value accounting—attempt to mitigate the distortions caused by fluctuating currency values. The text serves as a comprehensive examination of the regulatory history and practical application of these adjustments in both domestic and international contexts.
THE SCOPE MAP
What You Will Find
- Historical analysis of FASB and APB standards regarding inflation adjustments.
- Methodologies for constant dollar accounting and replacement cost calculations.
- Comparative studies of inflation accounting practices in Argentina, Brazil, and Great Britain.
- Discussions on capital budgeting and dividend policy under inflationary pressure.
Scope Limits
- The text focuses primarily on accounting standards and practices prevalent during the mid-to-late 20th century.
- It does not provide a modern, real-time guide for current IFRS or GAAP standards post-2000.
THE AUTHORITY PERSPECTIVE
Experts recognize this volume as a valuable historical repository for understanding the evolution of inflation-adjusted financial reporting. Readers frequently note the technical density of the prose, which is best suited for accounting professionals and academic researchers interested in the history of financial standards.
Page Count:
227
Publication Date:
1981-01-01
ISBN-10:
0130023299
ISBN-13:
9780130023292
Business
Economics
Finance
HF56585 A23
Accounting
Inflation