Why Business Needs to Use Inflation Accounting
Article Abstract:
The accounting model used in the United States assumes that the unit of measure is stable. This model must be reevaluated to reflect the impact of inflation. Reliable information regarding inflation effects is needed for making sound business decisions. Inflation data is essential for the following management functions: sensitivity analysis, return on investment, pricing, standard costs, dividend policy, performance appraisal, and communications. Specific techniques for management in an inflation situation must be developed.
Publication Name: Cashflow Magazine
Subject: Business
ISSN: 0196-6227
Year: 1984
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Treasury automation requires teamwork
Article Abstract:
Treasury managers are not seeking cooperation in the process of automation, but they want freedom from the data processing department. This management approach is not efficient and can lead to errors. Suggestions for improving the treasury department's relations with the data processing department are included.
Publication Name: Cashflow Magazine
Subject: Business
ISSN: 0196-6227
Year: 1986
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