constantitempurchasingpoweraccounting wrote a new post, Daily CPI one step better than inflation targeting, on the site Capital Maintenance in Units of Constant Purchasing Power™ 4 days, 17 hours ago
Daily CPI one step better than inflation targeting
There are no surprises with the Daily CPI. The Daily CPI is always known in advance. The Daily CPI is thus one step better than inflation targeting: it is […]
constantitempurchasingpoweraccounting wrote a new post, CMUCPP used (not implemented) in low inflationary countries too, on the site Capital Maintenance in Units of Constant Purchasing Power™ 4 days, 17 hours ago
CMUCPP used (not implemented) in low inflationary countries too
CMUCPP was implemented in a number of countries, including Turkey, Russia and Zimbabwe during hyperinflation in terms of IAS 29 since 1990, […]
constantitempurchasingpoweraccounting wrote a new post, Capital Maintenance in Units of Constant Purchasing Power is the only accounting model specifically prescribed in IFRS, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 week ago
Capital Maintenance in Units of Constant Purchasing Power is implied during […]
constantitempurchasingpoweraccounting wrote a new post, Definition of Capital Maintenance in Units of Constant Purchasing Power, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 week, 2 days ago
Definition of Capital Maintenance in Units of Constant Purchasing Power
Capital Maintenance in Units of Constant Purchasing Power (CMUCPP) is the maintenance of the constant purchasing power of capital – […]
constantitempurchasingpoweraccounting wrote a new post, Different forms of Capital Maintenance in Units of Constant Purchasing Power, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 week, 2 days ago
Different forms of Capital Maintenance in Units of Constant Purchasing Power
The following are all forms of Capital Maintenance in Units of Purchasing Power:
Indexation in countries with high or […]
constantitempurchasingpoweraccounting wrote a new post, Physical capital maintenance is very different from financial capital maintenance, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 week, 4 days ago
Physical capital maintenance is very different from financial capital maintenance
In IFRS the Conceptual Framework (2010), Par. 4.59 (b) states the following:
‘Physical capital maintenance. Under this […]
constantitempurchasingpoweraccounting wrote a new post, Inflation only affects monetary items in financial statements, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 week, 5 days ago
Inflation only affects monetary items in financial statements
The statement The effects of inflation in financial statements is a very common statement in accounting literature, international accounting […]
constantitempurchasingpoweraccounting wrote a new post, Not enough inflation, on the site Capital Maintenance in Units of Constant Purchasing Power™ 2 weeks, 3 days ago
Not enough inflation
Paul Krugman
New York Times
constantitempurchasingpoweraccounting wrote a new post, Capital Maintenance in Units of Constant Purchasing Power is quite and old capital maintenance concept, on the site Capital Maintenance in Units of Constant Purchasing Power™ 3 weeks ago
A form of Capital Maintenance in Units of Constant Purchasing Power is implemented whenever capital […]
constantitempurchasingpoweraccounting wrote a new post, Definition of Capital Maintenance in Units of Constant Purchasing Power, on the site Capital Maintenance in Units of Constant Purchasing Power™ 3 weeks, 2 days ago
Definition of Capital Maintenance in Units of Constant Purchasing Power
Definition of Capital Maintenance in Units of Constant Purchasing Power
Capital Maintenance in Units of Constant Purchasing Power is […]
constantitempurchasingpoweraccounting wrote a new post, Hyperinflation in Iran, on the site Capital Maintenance in Units of Constant Purchasing Power™ 3 weeks, 5 days ago
constantitempurchasingpoweraccounting wrote a new post, Objective of IAS 29, on the site Capital Maintenance in Units of Constant Purchasing Power™ 3 weeks, 6 days ago
IFRS are principles-based standards.
IAS 29 does not specifically state its objective.
Paragraph 2 states:
‘In a hyperinflationary economy, reporting of operating results and […]
constantitempurchasingpoweraccounting wrote a new post, IAS 29 gives particular guidance on how to implement an incomplete form of Capital Maintenance in Units of Constant Purchasing Power., on the site Capital Maintenance in Units of Constant Purchasing Power™ 3 weeks, 6 days ago
Updated on 23 Abril 2013
For example: (i) IAS 29 defines monetary items (incorrectly).
(ii) IAS […]
constantitempurchasingpoweraccounting wrote a new post, IAS 29 requires Capital Maintenance in Units of Constant Purchasing Power during hyperinflation , on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 month ago
IAS 29 requires Capital Maintenance in Units of Constant Purchasing Power during hyperinflation
IAS 29 requires Capital Maintenance in Units of Constant Purchasing Power during hyperinflation
Updated on […]
constantitempurchasingpoweraccounting wrote a new post, ECB should make unlimited credit available to PIGS as requested by Spain, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 month ago
ECB should make unlimited credit available to PIGS as requested by Spain
Central Banks at Ease Limit Risk Political Backlash
Bloomberg
By Craig Torres & Simon Kennedy […]
constantitempurchasingpoweraccounting wrote a new post, Understanding IAS 29 per PricewaterhouseCoopers: Corrections 16: Financial statements prepared under IAS 29 can be very (even completely) unreliable and irrelevant depending on the level of hyperinflation, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 month, 1 week ago
Understanding IAS 29 per PricewaterhouseCoopers: Corrections 16: Financial statements prepared under IAS 29 can be very (even completely) unreliable and irrelevant depending on the level of […]
constantitempurchasingpoweraccounting wrote a new post, Daily indexation has three applications, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 month, 1 week ago
Daily indexation has three applications
1. The Daily CPI is used in the form of a 4, 3, 2 or 1 month lagged daily interpolated daily index based on the monthly CPI based on similar formulae used to […]
constantitempurchasingpoweraccounting wrote a new post, Understanding IAS 29 per PricewaterhouseCoopers: Corrections 14 and 15: Daily indexing is required, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 month, 1 week ago
Understanding IAS 29 per PricewaterhouseCoopers: Corrections 14 and 15: Daily indexing is required
‘Benefits of purchasing power adjusted financial statements
Financial statements that are expressed […]
constantitempurchasingpoweraccounting wrote a new post, Understanding IAS 29 per PricewaterhouseCoopers: Correction 12 and 13: PricewaterhouseCoopers clueless about Capital Maintenance in Units of Constant Purchasing Power, on the site Capital Maintenance in Units of Constant Purchasing Power™ 1 month, 1 week ago
‘Benefits of purchasing power adjusted […]
