Excerpt from Interpreting Inflation Reports
Annual reports of most large companies today contain fairly exten sive analyses of the impact of inflation on the affairs of the company. These analyses were called for by the accounting profession's major rule making body, the Financial Accounting Standards Board, in response to growing dissatisfaction by the investment community with historical-cost accounting.
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Paperback. Condition: New. Print on Demand. This book provides an insightful and numerically simplified exploration of various inflation accounting approaches, delving into concepts such as FIFO, LIFO, and sustainable income. The author meticulously illustrates through examples how different methods impact the calculation of profit and income, drawing connections to broader debates in accounting. The book navigates the complexities of capital maintenance, depreciation, and amortization, shedding light on their nuanced implications for financial reporting. It also examines the real-world application of inflation-adjusted accounting, using examples from major corporations like General Motors and Goodyear Tire and Rubber Company. Ultimately, this book empowers readers with a comprehensive understanding of inflation accounting, its methodologies, and its significance in understanding a company's true financial health and the impact of inflation on business operations. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781333736002_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781333736002
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781333736002
Quantity: 15 available