CASE STUDY ON RE-ADJUSTMENTS DEPENDING ON PRICE MODIFICATION

Autor:	Cozma Ighian Diana
Jazyk:	angličtina
Rok vydání:	2011
Předmět:	accounting system financial statements prices inflation. Regional economics. Space in economics HT388 Economics as a science HB71-74
Zdroj:	Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, Vol 2, Pp 95-115 (2011)
Druh dokumentu:	article
ISSN:	1584-2339 2285-3065
Popis:	Inflationary moments, characterized by significant price rises, have proved that accountingsystems based on historical costs provide a distorted image of the reality: the elements ofthe balance sheet are under-valuated, and the stock-related expenses and amortization in theprofit and loss account are also under-valuated. Under these circumstances, the result isover-valuated, and its distribution leads to allotments from the company’s capital. In thispaper we draw up a case study with regards to the methods used for adjusting pricemodification, clearly outlining, through a comparative analysis, the main differencesbetween the accounting system based on historical cost and inflation accounting.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/41f81a4108554ed0bab1e8cbcfda61d5 Zobrazit plný text záznamu View record in DOAJ