When first published this volume represented the first concise, accessible UK text that explained the very complex changes that could be involved in an inflation accounting system. The new edition of the book (1978) was restructured and rewritten, with a substantial amount of material added so that it provides a comprehensive and accurate picture of the inflation accounting issues of the 1970s.
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‘A particularly valuable contribution to the literature of the subject.’ The Economist
‘A concise and objective summary of the general principles involved in inflation accounting.’ The Accountant’s Magazine
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