Cover for Accounting for Price-Level Changes

Accounting for Price-Level Changes

Theory and Procedures

A volume in Pergamon International Library of Science, Technology, Engineering and Social Studies

Book1966

Author:

R.S. GYNTHER

Accounting for Price-Level Changes

Theory and Procedures

A volume in Pergamon International Library of Science, Technology, Engineering and Social Studies

Book1966

 

Cover for Accounting for Price-Level Changes

Author:

R.S. GYNTHER

About the book

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Book description

Accounting for Price-Level Changes: Theory and Procedures shows the importance of taking actions to incorporate the effects of changing prices into each firm’s accounting systems ... read full description

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  1. Full text access
  2. Book chapterAbstract only

    CHAPTER 1 - INTRODUCTION

    Pages 1-4

  3. Book chapterAbstract only

    CHAPTER 2 - PRICE-LEVEL STATISTICS

    Pages 5-8

  4. Book chapterAbstract only

    CHAPTER 3 - AN EXPLANATION OF THE PROBLEM

    Pages 9-15

  5. Book chapterAbstract only

    CHAPTER 4 - SOME EXAMPLES OF THE PROBLEM

    Pages 16-20

  6. Book chapterAbstract only

    CHAPTER 5 - STATEMENTS BY PROFESSIONAL BODIES

    Pages 21-32

  7. Book chapterAbstract only

    CHAPTER 6 - TYPES OF PROPOSALS THAT HAVE BEEN ADVOCATED

    Pages 33-37

  8. Book chapterAbstract only

    CHAPTER 7 - PROFIT DETERMINATION—THE INDEX PROBLEM

    Pages 38-63

  9. Book chapterAbstract only

    CHAPTER 8 - ASSET VALUATIONS—“HOLDING GAINS AND LOSSES”

    Pages 64-81

  10. Book chapterAbstract only

    CHAPTER 9 - COSTS OF GOODS SOLD AND INVENTORIES

    Pages 82-106

  11. Book chapterAbstract only

    CHAPTER 10 - DEPRECIATION AND NON-CURRENT ASSETS

    Pages 107-134

  12. Book chapterAbstract only

    CHAPTER 11 - MONETARY ITEMS

    Pages 135-170

  13. Book chapterAbstract only

    CHAPTER 12 - PROFIT: AT AVERAGE FOR PERIOD PRICES OR AT END OF PERIOD PRICES?

    Pages 171-180

  14. Book chapterAbstract only

    CHAPTER 13 - AN ILLUSTRATIVE EXAMPLE—INCLUDING CHANGE-OVER PROCEDURES AND FUNDS STATEMENTS

    Pages 181-203

  15. Book chapterAbstract only

    CHAPTER 14 - MISCELLANEOUS MATTERS

    Pages 204-219

  16. Book chapterAbstract only

    CHAPTER 15 - ACTUAL APPLICATIONS OF ACCOUNTING IN CURRENT COSTS—PHILIPS ELECTRICAL INDUSTRIES

    Pages 220-240

  17. Book chapterAbstract only

    CHAPTER 16 - CONCLUSION

    Pages 241-244

  18. Book chapterNo access

    BIBLIOGRAPHY

    Pages 245-248

  19. Book chapterNo access

    INDEX

    Pages 249-257

About the book

Description

Accounting for Price-Level Changes: Theory and Procedures shows the importance of taking actions to incorporate the effects of changing prices into each firm’s accounting systems, and encourage the firms to treat this incorporation as a normal routine. This book shows that prices have in fact been altering over the years, and then explains the problems of changing prices as they affect accounting. Then, this text demonstrates these problems with the aid of a few simple examples. This book also includes statements of professional bodies and proposals that have been advocated. The latter part focuses on other accounting methods and concepts, complemented with illustrative examples. This book will be beneficial to accounting practitioners and those working at business firms.

Accounting for Price-Level Changes: Theory and Procedures shows the importance of taking actions to incorporate the effects of changing prices into each firm’s accounting systems, and encourage the firms to treat this incorporation as a normal routine. This book shows that prices have in fact been altering over the years, and then explains the problems of changing prices as they affect accounting. Then, this text demonstrates these problems with the aid of a few simple examples. This book also includes statements of professional bodies and proposals that have been advocated. The latter part focuses on other accounting methods and concepts, complemented with illustrative examples. This book will be beneficial to accounting practitioners and those working at business firms.

Details

ISBN

978-0-08-011711-9

Language

English

Published

1966

Copyright

Copyright © 1966 Elsevier Ltd. All rights reserved.

Imprint

Pergamon

Authors

R.S. GYNTHER

Head of Department of Accountancy, University of Queensland