Abstract
Accounts prepared on the traditional basis of ‘historic cost’ (see p. 21) suffer from the fact that in some respects they do not adequately reflect the effect of inflation on the value of the business.
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© 1996 Roger Oldcorn
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Oldcorn, R. (1996). Current Costs, Value Added and Other Information. In: Company Accounts. Macmillan Business Masters. Palgrave, London. https://doi.org/10.1007/978-1-349-14092-3_7
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DOI: https://doi.org/10.1007/978-1-349-14092-3_7
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-66265-6
Online ISBN: 978-1-349-14092-3
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