Abstract
Introduces the various concepts of inflation accounting. It questions the assumptions behind generally accepted accounting principles, and explores other alternatives like current cost and purchasing power, and adjusted financial statements. The distinction between accounting income and economic income is highlighted.
Additional Information
| Product Type | Case |
|---|---|
| Reference No. | F&A0389 |
| Title | Mayank's Dilemma |
| Pages | 2 |
| Published on | Jan 1, 1988 |
| Authors | Gupta, Ramesh; |
| Area | Finance and Accounting (F&A) |
| Discipline | Accounting, Economics |
| Sector | Manufacturing |
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