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A review of price-level change and income determination concepts.

The thesis seeks to find some satisfactory concept of income and contrasts economic income concepts with accounting concepts. The case for price-level accounting is set out by illustrating from various case studies the deviation of income in real terms from reported income, and by considering the theoretical arguments in favour of price-level accounting. Arguments against price-level accounting then follow.
Principles underlying the two main schools: the purchasing power historical cost system and the current cost system are next considered followed by a demonstration and appraisal of the application of several price-level accounting systems that have been proposed.
Finally a reconciliation between economic and accounting concepts of income is attempted, and a position in favour of price-level accounting is supported. / Business, Sauder School of / Graduate

Identiferoai:union.ndltd.org:UBC/oai:circle.library.ubc.ca:2429/38075
Date January 1963
CreatorsMa, Ronald Arab
PublisherUniversity of British Columbia
Source SetsUniversity of British Columbia
LanguageEnglish
Detected LanguageEnglish
TypeText, Thesis/Dissertation
RightsFor non-commercial purposes only, such as research, private study and education. Additional conditions apply, see Terms of Use https://open.library.ubc.ca/terms_of_use.

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