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Inflation accounting |
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Inflation accountingAccounting practices allowing for the effects of inflation.Inflation accounting Similar MatchesAverage accounting returnAverage accounting returnThe average project earnings after taxes and depreciation divided by the average book value of the investment during its life. Statement of Financial Accounting Standards No 8Statement of Financial Accounting Standards No 8The is a currency translation standard once used by U.S. accounting firms. See: Statement of Accounting Standards No. 52. Historical Cost Accounting ConventionHistorical Cost Accounting ConventionAn accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. Current cost accountingCurrent cost accountingA system designed to adjust accounting for changes in prices that affect a company's assets. The more usual convention is historical cost accounting. Cost accountingCost accountingA branch of accounting that provides information to help the management of a firm evaluate production costs and efficiency. Further SuggestionsAccrual Accounting Conventionaccounting reference date Accounting liquidity Regulatory accounting procedures (RAP) Generally Accepted Accounting Principles (GAAP) Statement of Financial Accounting Standards No 52 Purchase accounting Financial Accounting Standards Board (FASB) Accounting insolvency Growth accounting Replacement cost accounting Accounting earnings Accounting Standards Board |
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