Statements of Position



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This statement of position is being issued because the subject is receiving increased attention. Although supplementary current value information is not required for presentation of financial position, results of operations, or changes in financial position in conformity with generally accepted accounting principles, a few companies are now presenting such information (in addition to that disclosed pursuant to the requirements of the Securities and Exchange Commission for certain replacement cost information) in annual reports to shareholders.

Publication Date


Relational Format



Current value accounting -- United States; Financial statements -- United States


Accounting | Taxation


Originally published by: American Institute of Certified Public Accountants; Copyright and permission to reprint held by: American Institute of Certified Public Accountants.

Proposed statement of position on presentation and disclosure of supplementary current value information;Presentation and disclosure of supplementary current value information; Exposure draft (American Institute of Certified Public Accountants), 1978, Jan. 27



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