International Journal in Management & Social Science
Year : 2016, Volume : 4, Issue : 6
First page : ( 315) Last page : ( 324)
Online ISSN : 2321-1784.

Inflation Accounting Methods: Their Effect on Depreciation Charge

Dr. Singh Rupinder

Associate Professor, PG Department of Commerce and Management Trai Shatabdi GGS Khalsa College Amritsar

Online published on 8 August, 2018.

Abstract

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.

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Keywords

Inflation, Inflation Accounting methods, Depreciation.

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