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inflation accounting

   Also found in: Financial, Wikipedia 0.06 sec.

inflation accounting

Method of accounting that allows for the changing purchasing power of money due to inflation.



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Specifying just one definition of value in advance would be equally useless, as both the SEC and FASB found out in their competing approaches to inflation accounting.
Why fair value accounting can't work by King, Alfred M. / Financial Executive
In 1978, he was appointed a member of the Financial Accounting Standards Board Task Force on the Conceptual Framework (for accounting standards) because of articles he wrote on inflation accounting.
Trooper Technologies Appoints Eminent Economist David D. Hale As ... by Business Wire
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