Article Title
Publication Date
Fall 1989
Abstract
This article presents a discussion of the development of the need for inflation accounting, the history of official pronouncements addressing inflation accounting, and a summary of research studies dealing with reporting the effects of changing prices. Not only does this analysis reveal the continuity, depth, and complexity of the issues facing the FASB, but it also facilitates an understanding of how and why the FASB determined that presentation of supplmentary price-level adjusted information should be voluntary.
Recommended Citation
Waldron, Marilyn A.; Shaver, John E.; and Jordan, Charles E.
(1989)
"Evolution of inflation accounting in the U.S.,"
Accounting Historians Notebook: Vol. 12
:
No.
2
, Article 8.
Available at:
https://egrove.olemiss.edu/aah_notebook/vol12/iss2/8