ANALISIS TERHADAP PERLUNYA PENYESUAIAN LAPORAN KEUANGAN HISTORIS (CONVENTIONAL ACCOUNTING) MENJADI BERDASARKAN TINGKAT HARGA UMUM (GENERAL PRICE LEVEL ACCOUNTING)

Author: Pwee Leng
Jurnal Akuntansi & Keuangan Vol. 4, No. 2, Nopember 2002: 141 – 155
ABSTRACT:
Generally, in conventional accounting, financial statements are based on the historical cost principle that assumes that prices (monetery unit) are stable. Conventional accounting recognizes neither changes in the general price level nor changes in the specific price level. Consequently, if there [...]

PRICE LEVEL CHANGES AND FINANCIAL ACCOUNTING MEASUREMENT

Author: Stanley C. W. Salvary, Canisius College
Research Papers in Economics – RePEc:wpa:wuwpot:0410009 – 2004-10-23
ABSTRACT:
Debates on inflation have subsided, but the issue is not dead. Debates on this issue are as perennial as the grass; as soon as there are continuous and significant increases in the level of prices, the debates will be resumed with much [...]