General Price Level Accounting

Also found in: Wikipedia

0.01 sec.

General price level accounting

Restating conventional financial statements (which are stated in nominal currency) in units of general purchasing power to adjust for inflation.

Inflation Accounting

A method of accounting that includes inflation. In inflation accounting, one records price changes that affect the purchasing power of current assets and the value of the company's long-term assets and liabilities. This can provide a more accurate picture of a company's value. It is used to supplement a company's ordinary financial statements. It is less commonly called general price level accounting.

general price level accounting

See inflation accounting.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
Constant dollar accounting Inflation Accounting			General Account general agency general agent General Agreement on Tariffs and Trade general and administrative expenses General Arrangements to Borrow General Average General Average Contribution general bill of sale General cash offer General Collateral Financing Trades general contractor General Creditor General Depreciation System General Ledger general lien General Loan and Collateral Agreement General Mortgage General Obligation General Obligation Bond General Obligation Bonds General Order general partner general partnership General price level General Price Level Accounting General Revenue General Rule General Securities Registered Representative Examination General Services Administration General Straight-Line Depreciation System General Strike General Tariff General Utilities Doctrine general warranty deed generally accepted accounting principles Generally Accepted Auditing Standards Generation-Skipping Transfer or Trust Generic Generic Bond Generic Credit Spread Generic Market Generic Prices Generic Security Genetic Algorithms Gengetsu Gengetsukan Genka Hou Genka Shoukyaku Genkin Kessai Genkin Shugi			General Practice Training Tasmania General Practice Vocational Training General Practice Vocational Training Scheme general practices general practices general practices general practitioner general practitioner general practitioner general practitioner general practitioner General Practitioner Assessment of Cognition General Practitioner Committee General Practitioner Conference and Exhibition General Practitioner Fund Holder General Practitioner with Special Interest General practitioners General practitioners General practitioners General Practitioners and the Economics of Smoking Cessation in Europe General Practitioners Defence Fund General Practitioners in Asthma Group General Practitioners per Population Ratio General Practitioners' Asthma Group General Prayer Day general precession General Presidency of Youth Welfare General Presidents' Project Maintenance Agreement General Press Colors Ltd. General price level General Price Level Accounting General Prime Factor Algorithm General Primer Polymerase Chain Reaction General Principle General Principle General principle of relativity general principles General Principles of Software Validation General Printing Ink General Problem Solver General Procedure General Processing Module General Processor Unit General Procurement Notice General Product Release Internationally General Product Safety Directive General Products General Professional Education of the Physician General Professional Services Agreement general program General Program of Action General Program Policy General Programming Forum General Programming Interface General Project Construction Division General Properties of Low-Dimensional Structures

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.