Inflation adjustments of financial statements: Implication to price index and performance

Inflation adjustments of financial statements: Implication to price index and performance

This paper examines the critical role of inflation accounting in adjusting financial statements to accurately reflect the impact of inflation on the economy. The primary objectives are twofold: examine the process of restating balance sheets and income statements, emphasizing the limitations inheren...

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Bibliographic Details
Main Authors: Kawa Wali, Bnar Kareem Darwish, Rodrigo Velasco
Format: Article
Language:English
Published: Institute of Industry and Academic Research Incorporated 2024-01-01
Series:International Journal of Academe and Industry Research
Subjects:
inflation accounting
constant purchasing power
financial statements
price index
historical cost
Online Access:https://iiari.org/journal_article/inflation-adjustments-of-financial-statements-implication-to-price-index-and-performance/

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https://iiari.org/journal_article/inflation-adjustments-of-financial-statements-implication-to-price-index-and-performance/

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