Associate Professor, PG Department of Commerce and Management Trai Shatabdi GGS Khalsa College Amritsar
Online published on 8 August, 2018.
Inflation simply means fall in the general purchasing power of the money resulting from persistent rise in the general price level of goods and services. The accounts prepared on historical cost are subject to limitations. The present paper considers the impact of inflation on calculation of depreciation charge by using different inflation accounting methods.
Inflation, Inflation Accounting methods, Depreciation
