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The Accounting Review Vol. 33 No. 3 1958

PRICE LEVEL CHANGES AND FINANCIAL STATEMENTS: A CRITICAL REAPPRAISAL.

Abraham J. Briloff

Abstract

None of the foregoing represents the ultimate answer to this Herculean problem; nevertheless, I am anxious' to avoid having this universally significant issue resolved without a full, fair and objective examination. The problem is one which should have the thoughtful consideration of all sections of our society. The independent, professional accountant, who professes an obligation to the public at large (and not to his client alone) must, in my opinion, contribute his special knowledge and skills in the fields of accounting and taxation, so that a solution which is in the best interests of society as a whole (as distinguished from a solution favoring but a single segment thereof) will have been ultimately wrought.

DOI
10.2308/tar-7059463
Volume
33
Issue
3
Pages
380-388
Language
en
Sources
openalex crossref

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