Limitations of historical cost accounting information under inflationary conditions : a theoretical study
Joint Authors
Buhayri, Ahmad Hani
Hifni, Dina Ali Abd al-Hamid
Zamil, Ahmad Muhammad
Source
Issue
Vol. 42, Issue 4 (31 Dec. 2020), pp.1-19, 19 p.
Publisher
Zagazig University Faculty of Commerce
Publication Date
2020-12-31
Country of Publication
Egypt
No. of Pages
19
Main Subjects
Topics
Abstract EN
This study discusses the limitations of historical cost accounting information under inflationary conditions by introducing a review of the previous literature on inflation accounting.
The study concludes that historical-cost financial statements prepared underinflationary conditions could be misleading.
Furthermore, inflation impairs the financial accounting role a basis for decision-making.
Hence, the need for the adjustment of the historical cost financialstatements to reflect currenteconomic realities becomes inevitable.
American Psychological Association (APA)
Zamil, Ahmad Muhammad& Buhayri, Ahmad Hani& Hifni, Dina Ali Abd al-Hamid. 2020. Limitations of historical cost accounting information under inflationary conditions : a theoretical study. Journal of Business Research،Vol. 42, no. 4, pp.1-19.
https://search.emarefa.net/detail/BIM-1091799
Modern Language Association (MLA)
Buhayri, Ahmad Hani…[et al.]. Limitations of historical cost accounting information under inflationary conditions : a theoretical study. Journal of Business Research Vol. 42, no. 4 (2020), pp.1-19.
https://search.emarefa.net/detail/BIM-1091799
American Medical Association (AMA)
Zamil, Ahmad Muhammad& Buhayri, Ahmad Hani& Hifni, Dina Ali Abd al-Hamid. Limitations of historical cost accounting information under inflationary conditions : a theoretical study. Journal of Business Research. 2020. Vol. 42, no. 4, pp.1-19.
https://search.emarefa.net/detail/BIM-1091799
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1091799