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

  • Constant purchasing power accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • Current liability — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • 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 — 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

  • 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