theorychapter规范会计理论物价变动会计为例.pptVIP

Definition of wealth under CoCoA Present (selling) price is seen as the correct valuation of wealth at a point in time past prices are a matter of history so not relevant to current actions profit is tied to the increase (or decrease) in the current net selling prices of the entity’s assets no distinction between realised and unrealised gains - all gains are treated as part of profit * PPT t/a Carnegie et al; Financial and Organisational Decision Making Aust. PPT t/a Financial Accounting Theory by Deegan 第二十九页，共四十二页。 Definition of wealth under CoCoA - continued Profit is the amount that can be distributed, while maintaining the entity’s adaptive ability (adaptive capital) abandons notion of realisation in terms of recognising revenue revenues are recognised at point of purchase or production rather than sales * PPT t/a Carnegie et al; Financial and Organisational Decision Making Aust. PPT t/a Financial Accounting Theory by Deegan 第三十页，共四十二页。 Chapter 4: Accounting for changing prices PPT t/a Carnegie et al; Financial and Organisational Decision Making Aust. PPT t/a Financial Accounting Theory by Deegan Copyright ? 2000 McGraw-Hill Book Co. Aust. PPT t/a Financial Accounting Theory by Deegan 4.* Chapter 4: Accounting for changing prices PPT t/a Carnegie et al; Financial and Organisational Decision Making Aust. PPT t/a Financial Accounting Theory by Deegan Financial Accounting TheoryCraig Deegan Chapter 4 Normative theories of accounting - the case of accounting for changing prices Slides written by Michaela Rankin 第一页，共四十二页。 Learning Objectives In this chapter you will be introduced to some particular limitations of historical cost accounting in terms of its ability to cope with various issues associated with changing prices a number of alternative methods of accounting that have been developed to address problems associated with changing prices some of the strengths and weaknesses of the various alternative accounting methods * PPT t/