Nominal Monetary Units

Some articles on nominal monetary units, units, nominal:

Constant Purchasing Power Accounting - Concepts of Capital Maintenance and The Determination of Profit
... Financial capital maintenance can be measured in either nominal monetary units or units of constant purchasing power ... (B) Nominal financial capital ... (2) Financial capital maintenance in nominal monetary units (Historical cost accounting) authorized by IFRS but not prescribed—optional during low inflation and deflation ...
Constant Purchasing Power Accounting - Capital Maintenance in Units of Constant Purchasing Power Is Authorized By The IASB During Low Infla
... statement "Financial capital maintenance can be measured in either nominal monetary units or units of constant purchasing power,"' in the IASB´s original ... regarding the use of financial capital maintenance in units of CPP during low inflation, high inflation, hyperinflation and deflation since 1989 ... It also means that financial capital maintenance in units of constant purchasing power to automatically maintain the real value of capital constant in all entities that at least break even - ceteris ...

Famous quotes containing the words units, nominal and/or monetary:

    Even in harmonious families there is this double life: the group life, which is the one we can observe in our neighbour’s household, and, underneath, another—secret and passionate and intense—which is the real life that stamps the faces and gives character to the voices of our friends. Always in his mind each member of these social units is escaping, running away, trying to break the net which circumstances and his own affections have woven about him.
    Willa Cather (1873–1947)

    Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser—in fees, expenses, and waste of time. As a peacemaker the lawyer has a superior opportunity of being a good man. There will still be business enough.
    Abraham Lincoln (1809–1865)

    There is no legislation—I care not what it is—tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.
    William Howard Taft (1857–1930)