current purchasing power accounting
- current purchasing power accounting
Fin
a method of accounting in which the values of non-monetary items in the historical cost accounts are adjusted, using a general price index, so that the resulting profit allows for the maintenance of the purchasing power of the shareholders’ interest in the organization
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current purchasing power accounting — constant purchasing power accounting; = CPP accounting A form of accounting that measures profit after allowing for the maintenance of the purchasing power of the shareholders capital. The Retail Price Index is used to adjust for general price… … Accounting dictionary
current purchasing power accounting — constant purchasing power accounting; CPP accounting A form of accounting that measures profit after allowing for the maintenance of the purchasing power of the shareholders capital. The Retail Price Index is used to adjust for general price… … Big dictionary of business and management
constant purchasing power accounting — See: current purchasing power accounting … Accounting dictionary
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inflation accounting — A method of accounting that, unlike historical cost accounting, attempts to take account of the fact that a monetary unit (e.g. the pound sterling) does not have a constant value; because of the effects of inflation, successive accounts expressed … Accounting dictionary
inflation accounting — A method of accounting that, unlike historical cost accounting, attempts to take account of the fact that a monetary unit (e. g. the pound sterling) does not have a constant value; because of the effects of inflation, successive accounts… … Big dictionary of business and management
CPP accounting — See: current purchasing power accounting … Accounting dictionary
CPP accounting — Abbreviation for current purchasing power accounting … Big dictionary of business and management
accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… … Universalium
Inflation accounting — is a term describing a range of accounting systems designed to correct problems arising from historical cost accounting in the presence of inflation. [ [http://financial dictionary.thefreedictionary.com/inflation+accounting Wall Street Words: An… … Wikipedia