The Accounting Review Vol. 23 No. 2 1948
ADAPTATIONS TO PRICE—LEVEL CHANGES.
Abstract
Fundamentally, present price movements create a serious accounting problem because the precise significance of these movements is not known. Ultimately, the extent to which the present inflation was composed of temporary cyclical elements and of more permanent secular trends will be known. But no one should be overly-sanguine as to the derivation of a satisfactory solution on the accounting level until the more basic economic problems arc rendered more manageable.
- DOI
- 10.2308/tar-7053525
- Volume
- 23
- Issue
- 2
- Pages
- 137-147
- Language
- en
- Sources
- openalex crossref