Inflation accounting is a term describing a range of accounting models designed to correct problems arising from historical cost accounting in the presence of high inflation and hyperinflation. Inflation accounting is used in countries experiencing high inflation or hyperinflation. For example, in countries experiencing hyperinflation the Internat...
Accounting practices allowing for the effects of inflation.
Method of accounting that allows for the changing purchasing power of money due to inflation. ...
The rate at which the general level of prices for goods and services is rising.