Download or read book Inflation and Nominal Financial Reporting written by Yaniv Konchitchki and published by . This book was released on 2016 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The monetary unit assumption of financial accounting assumes a stable currency (i.e., constant purchasing power over time). Yet, even during periods of low inflation or deflation, nominal financial statements violate this assumption. I posit that, while the effects of inflation are not recognized in nominal statements, such effects may have economic consequences. I find that unrecognized inflation gains and losses help predict future cash flows as these gains and losses turn into cash flows over time. I also find significant abnormal returns to inflation-based trading strategies, suggesting that stock prices do not fully reflect the implications of the inflation effects for future cash flows. Additional analysis reveals that stock prices act as if investors do not fully distinguish monetary and nonmonetary assets, which is fundamental to determining the effects of inflation. Overall, this study is the first to show that, although inflation effects are not recognized in nominal financial statements, they have significant economic consequences, even during a period in which inflation is relatively low.

Download or read book Accounting for Inflation written by Robert W. McGee and published by Prentice Hall. This book was released on 1981 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation accounting in the United States General price-level accounting; Current value accounting; Inflation accounting in other countries.

Download or read book Inflation Adjustments of Financial Statements written by Yaaqov Goldschmidt and published by World Bank Publications. This book was released on with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Complete Handbook of Inflation Accounting written by Thomas Arthur Ratcliffe and published by Prentice Hall. This book was released on 1981 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: To aid in the implementation and understanding of inflation impacted accounting numbers.

Download or read book Inflation Accounting written by Geoffrey Whittington and published by Cambridge University Press. This book was released on 1983-03-03 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the theoretical and practical aspects of alternative methods of inflation accounting. Simple numerical examples enable the reader to evaluate the relative practical solutions to the inflation-accounting problem now being implemented in the U.K., U.S., and throughout the English-speaking world.

Download or read book Inflation written by Allen H. Seed and published by . This book was released on 1978 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inflation Adjustments of Financial Statements written by Yaaqov Goldschmidt and published by World Bank Publications. This book was released on 1991 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: A framework for applying International Accounting Standard 29 to adjust the financial statements of revenue- earning enterprises operating in inflationary economies.

Download or read book Financial Reporting and Changing Prices written by and published by . This book was released on 1980 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Reporting in an Age of Inflation written by John C. Burton and published by . This book was released on 1974 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Understanding Inflation Accounting written by Timothy S. Lucas and published by . This book was released on 1981 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inflation Accounting written by Ernst & Whinney and published by . This book was released on 1979 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inflation written by Allen H. Seed (III.) and published by . This book was released on 1978 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inflation written by Allen H. Seed and published by . This book was released on 1978 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Management and Inflation written by Harold Bierman and published by . This book was released on 1981 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inflation Accounting written by Sidney Davidson and published by McGraw-Hill Companies. This book was released on 1976 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Incremental Information Content of Statement 33 Disclosures written by William H. Beaver and published by . This book was released on 1983 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inflation and Financial Reporting Systems written by Dominique François Jean and published by . This book was released on 1977 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: