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What is Constant Purchasing Power Accounting mean?
Constant purchasing power accounting (CPPA) is an accounting model approved by the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) as an alternative to traditional historical cost accounting under hyper-inflationary environments and all other economic environments. Under this IFRS and US GAAP authorized system, financial capital maintenance is always measured in units of constant purchasing power (CPP) in terms of a Daily CPI (consumer price index) during low inflation, high inflation, hyperinflation and deflation; i.e., during all possible economic environments. During all economic environments it can also be measured in a monetized daily indexed unit of account (e.g. the Unidad de Fomento in Chile) or in terms of a daily relatively stable foreign currency parallel rate, particularly during hyperinflation when a government refuses to publish CPI data.
referenceFull Form | Category |
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Center for Public Policy & Administration (University of Massachusetts Amherst) | Academic & Science |
Constant Purchasing Power Accounting | Business |
Central Power Purchasing Agency (Pakistan) | Business |
Canada Pakistan Professionals Association | Business |
Cerebral Palsy Parent Association | Community |
Canadian Pulp and Paper Association | Community |
Center for Public Policy Alternatives | Community |
Conference For Progressive Political Action | Community |
Canterbury Primary Principals' Association (New Zealand) | Community |
Cameroon Press Photo Archive | Community |
Canadian Positive Psychology Association | Community |
California Potbellied Pig Association | Community |
Center for Public Policy and Administration | General |
Center for Public Policy Analysis | General |
Collaboration Protocol Profile and | General |
Center for Public Policy | General |
Climate Prediction Program for the Americas | Governmental |
Central Pennsylvania Paralegal Association | Governmental |
California Public Parking Association | Governmental |
Chesapeake Promotional Products Association | Governmental |
California Protective Parents Association | Governmental |
California Public Pension Advisers | Governmental |
Colorado Police Protective Association | Governmental |
Cleveland Police Patrolman's Association | Governmental |
Centre Professionnel et de Pédagogie Appliquée | International |
Certified Professional Public Adjuster | Jobs |
Center for Pharmacy Practice Accreditation | Medical |
Clinical Practice Performance Assessment | Medical |
Child Pornography Prevention Act | Medical |
Canada Pakistan Professional Association | Regional |
Collaboration Protocol Profile and Agreement | Softwares |
Christian Paintball Players Association | Sports |
Posted on 05 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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