Measuring Unit Assumption

Some articles on units, measuring unit assumption, assumptions:

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 ... daily index during high inflation and hyperinflation 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 ...
International Financial Reporting Standards - Role of Framework - Objective of Financial Statements
... Historical Cost paradigm as well as the Capital Maintenance in Units of Constant Purchasing Power paradigm ... Financial capital maintenance in nominal monetary units, i.e ... Financial capital maintenance in units of constant purchasing power, i.e ...
Constant Purchasing Power Accounting - Underlying Assumptions
... Financial capital maintenance in nominal monetary units or Historical cost accounting (see the Framework (1989), Par 104 (a)) ... Financial capital maintenance in units of constant purchasing power or Constant Item Purchasing Power Accounting (see the Framework (1989), Par 104 (a)) ... Under Historical cost accounting the underlying assumptions used in IFRS are Accrual basis the effect of transactions and other events are recognized when they occur ...

Famous quotes containing the words assumption, measuring and/or unit:

    The principle of the brotherhood of man is ... narcissistic ... for the grounds for that love have always been the assumption that we ought to realize that we are the same the whole world over.
    Germaine Greer (b. 1939)

    As an example of just how useless these philosophers are for any practice in life there is Socrates himself, the one and only wise man, according to the Delphic Oracle. Whenever he tried to do anything in public he had to break off amid general laughter. While he was philosophizing about clouds and ideas, measuring a flea’s foot and marveling at a midge’s humming, he learned nothing about the affairs of ordinary life.
    Desiderius Erasmus (c. 1466–1536)

    During the Suffragette revolt of 1913 I ... [urged] that what was needed was not the vote, but a constitutional amendment enacting that all representative bodies shall consist of women and men in equal numbers, whether elected or nominated or coopted or registered or picked up in the street like a coroner’s jury. In the case of elected bodies the only way of effecting this is by the Coupled Vote. The representative unit must not be a man or a woman but a man and a woman.
    George Bernard Shaw (1856–1950)