Constant Purchasing Power

Some articles on constant purchasing power, constant:

Constant Purchasing Power Accounting - Concepts of Capital Maintenance and The Determination of Profit
... in either nominal monetary units or units of constant purchasing power ... (C) Constant purchasing power financial capital ... is a fallacy it is impossible to maintain the real value of financial capital constant with measurement in nominal monetary units per se during inflation and deflation ...
International Financial Reporting Standards - Role of Framework - Concepts of Capital - Concepts of Capital Maintenance and The Determination of Profit
... capital maintenance can be measured in either nominal monetary units or units of constant purchasing power ... (C) Constant purchasing power financial capital ... deflation is a fallacy it is impossible to maintain the real value of financial capital constant with measurement in nominal monetary units per se during inflation and deflation ...
Constant Purchasing Power Accounting
... Capital Maintenance in Units of Constant Purchasing Power is the IASB's basic accounting model originally authorized in IFRS in 1989 as an alternative to traditional historical cost accounting where ... because there is no stable measuring unit assumption under Capital Maintenance in Units of Constant Purchasing Power ... Capital Maintenance in Units of Constant Purchasing Power implements financial capital maintenance in units of constant purchasing power – as originally ...

Famous quotes containing the words purchasing power, power, constant and/or purchasing:

    At present cats have more purchasing power and influence than the poor of this planet. Accidents of geography and colonial history should no longer determine who gets the fish.
    Derek Wall (b. 1965)

    Unionism seldom, if ever, uses such power as it has to insure better work; almost always it devotes a large part of that power to safeguarding bad work.
    —H.L. (Henry Lewis)

    There exists a black kingdom which the eyes of man avoid because its landscape fails signally to flatter them. This darkness, which he imagines he can dispense with in describing the light, is error with its unknown characteristics.... Error is certainty’s constant companion. Error is the corollary of evidence. And anything said about truth may equally well be said about error: the delusion will be no greater.
    Louis Aragon (1897–1982)

    Fashion is the most intense expression of the phenomenon of neomania, which has grown ever since the birth of capitalism. Neomania assumes that purchasing the new is the same as acquiring value.... If the purchase of a new garment coincides with the wearing out of an old one, then obviously there is no fashion. If a garment is worn beyond the moment of its natural replacement, there is pauperization. Fashion flourishes on surplus, when someone buys more than he or she needs.
    Stephen Bayley (b. 1951)