Inflation Accounting Practices in India's Corporate SectorThis Treatise On Inflation Accounting Provides A Detailed Treatment Of Concepts And Techniques Of Inflation Accounting. It Gives A Clear Understanding Of Accounting Data And Their Limitations During Inflation. In This Context, An Attempt Is Made To Underline The Importance Of Inflation Accounting With Particular Reference To A Case Study Of Selected Units. |
Contents
Approaches to Inflation Accounting | 33 |
Inflation Accounting Practices in Some | 67 |
Inflation Accounting Practices in Indias | 104 |
Conclusions and Suggested Practical Model | 154 |
Common terms and phrases
accounting for inflation accounting for price accounting method Accounting Standard Committee adjusted accounts amount Annual Report Ashok Leyland balance sheet Bharat Heavy Electricals BHEL cent Chartered Accountants constant dollar Cost Accounting CCA cost accounting method Cost of Sales current assets current cost accounting current purchasing power dividend earnings effects of inflation enterprise equity Exposure Draft FASB Financial Accounting financial reporting financial statements fixed assets Gearing Adjustment GPPA Heavy Electricals Limited historical cost accounting historical cost basis holding gains income statement increase index numbers India inflation accounting practices Institute of Chartered investment issued lakhs measurement million monetary assets monetary items monetary unit monetary working capital non-monetary items operating price changes price index price level accounting price level adjusted price level changes problem purchasing power accounting purchasing power gain reserve restated revalorization revaluation rupee Sandilands Committee shareholders Standard Accounting Practice supplementary users valuation