Business, Management and Accounting
5 years ago

Indian corporate sector adopts innovative inflation accounting methods to boost financial transparency.

1 view
Zenith international journal of business economics and management research
Inflation accounting methods: A study of preference by Indian corporate sector
Rupinder Singh

Paper Summary

Inflation accounting helps fix mistakes in regular accounting caused by changes in prices over time. The usual way of accounting can have problems because it only looks at the original cost of things. Inflation accounting offers different ways to deal with these issues. A study was done to see which methods companies in India prefer for inflation accounting.

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