Accountancy, asked by amisha4173, 10 months ago

Difference between inflation accounting and historical accounting

Answers

Answered by Sonalibendre
1

Inflation accounting is a special accounting technique ... rates of inflation such as Venezuela, historical information ... The Difference Between Principles-Based

Answered by hardikrakholiya21
3

Explanation:

Inflation accounting refers to the process of adjusting the financial statements of a company to show the real financial position of the company during inflationary period. ... The technique of inflation accounting has been developed to the correct problems arising from historical cost accounting in presence of inflation.

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