scholarly journals Penerapan Analisis Portofolio Saham dalam Rangka Optimalisasi Return dan Minimlisasi Risiko pada Perusahaan Blue Chips

2018 ◽  
Vol 1 (2) ◽  
pp. 103
Author(s):  
HELDA PUJI SOFIANA ◽  
HERI WIDODO
Keyword(s):  
Price Level ◽  
Cost Accounting ◽  
Financial Accounting ◽  
The Real ◽  
Historical Cost ◽  
Additional Information ◽  
General Price Level ◽  
Inflation Accounting ◽  
A Company

A financial accounting established by a company is the financial accounting that is going on the basis of previous events with the stable prices assumption. The truth of the excess of costs such as historical cost on the real transaction can be tested and proved by objective evidences, so that the financial accounting formed on the basis of historical cost is believable to be audited well. In fact, the change of price always happens and moreover it is inclined to rise. In other word, there will be inflation. Related with the fact, the historical cost concept applied in the financial accounting is judged to give less information to make a decision. The objectives of the study are to describe the inflation of accounting treatment by using General Price Level Accounting (GPLA) and Current Cost Accounting (CCA) methods as an additional report rather than the conventional financial accounting as the main report, and to know the additional financial accounting. The methods used are General Price Level Accounting (GPLA) and Current Cost Accounting (CCA) methods. In conclusion, the inflation accounting as an additional information is very useful for the financial accounting users to make economics decision. Furthermore, it also benefits in order to maintain the capital as the first period so that the continuity of company’s activity runs well

scholarly journals KONSEP METODE HISTORICAL COST VERSUS GENERAL PRICE LEVEL ACCOUNTING DALAM PENYUSUNAN LAPORAN KEUANGAN

2018 ◽  
Author(s):  
Yanna Eka Pratiwi
Keyword(s):  
Literature Review ◽  
Price Level ◽  
Cost Accounting ◽  
Historical Cost ◽  
General Price Level ◽  
Historical Cost Accounting

AbstrakLaporan keuangan merupakan hal sangat penting bagi sebuah perusahaan. Laporan keuangan haruslah relevan dan disajikan dengan akurat, karena informasi-informasi yang terdapat pada laporan keuangan akan digunakan oleh pihak-pihak yang berkepentingan untuk pengambilan keputusan yang berkaitan dengan perusahaan tersebut. Tulisan ini membahas tentang bagaiman perbedaan laporan keuangan yang disusun berdasarkan konsep akuntansi biaya historis (historical cost accounting) dan berdasarkan General Price Level Accounting (GPLA). Berdasarkan literature review, penelitian ini menunjukkan bahwa laporan keuangan yang menggunakan metode General Price Level Accounting lebih interpretatif dan relevan, meskipun masih ada masalah tentang cara dan alat untuk menerapkan metode General Price Level Accounting. Kata kunci: historical cost, general price level accounting, laporan keuangan

Inflation Accounting: What Will General Price Level Adjusted Income Statements Show?

1975 ◽  
Vol 31 (1) ◽  
pp. 27-31 ◽  
Author(s):  
Sidney Davidson ◽  
Roman L. Weil
Keyword(s):  
Price Level ◽  
General Price Level ◽  
Inflation Accounting

What Did Inflation Accounting Tell Us?

1987 ◽  
Vol 2 (4) ◽  
pp. 375-391 ◽  
Author(s):  
Clifford F. Thies ◽  
Thomas Sturrock
Keyword(s):  
Financial Analysis ◽  
Financial Statements ◽  
Cost Accounting ◽  
Manufacturing Firms ◽  
Replacement Cost ◽  
Preferred Stock ◽  
Historical Cost ◽  
Inflation Accounting ◽  
Historical Cost Accounting

Financial statements for the period 1977–1983 are reconstructed for a sample of 50 large manufacturing firms using replacement cost (or current cost) data provided by ASR 190 and FASB 33, and market (or fair) values of long-term debt and preferred stock. As expected, these data confirm that historical cost accounting overstates profitability during a period of rising prices. These data also indicate that historical cost–based financial ratios often grossly misrepresent the relative financial strengths of firms. Financial analysis conducted on the assumption that the biases induced by historical cost accounting are similar across firms is likely to lead to false conclusions regarding financial strengths and weaknesses.

ACCOUNTING FOR IDLE CAPACITY: ITS PLACE IN THE HISTORICAL COST LITERATURE AND CONJECTURE ABOUT ITS DISAPPEARANCE

1996 ◽  
Vol 23 (1) ◽  
pp. 25-49 ◽  
Author(s):  
Gloria Vollmers
Keyword(s):  
Great Depression ◽  
Cost Accounting ◽  
Turn Of The Century ◽  
Industrial Engineer ◽  
Historical Cost ◽  
The Great Depression ◽  
Income Measurement ◽  
The 1950S ◽  
The 1960S ◽  
Idle Capacity

How best to provide management with useful information about the underutilization of factory and machinery are old cost accounting questions. The literature from the turn of the century up through the 1950s reveals that the topic interested many. This paper resurrects those historical discussions. The objective is twofold, to demonstrate the sophistication and innovation of early writers emphasizing why they thought the topic important, and, to explore some theories about why this interest dissipated within the accounting literature. The possibilities include the effect of the great depression, wartime regulations, the withdrawal of the industrial engineer from costing and the growing importance of income measurement. This research ends in the 1960s, by which time idle capacity as an independent topic has largely disappeared.

A HISTORICAL ANALYSIS OF DEPRECIATION ACCOUNTING — THE UNITED STATES STEEL EXPERIENCE

1989 ◽  
Vol 16 (2) ◽  
pp. 119-153 ◽  
Author(s):  
Sarah Auman Reed
Keyword(s):  
United States ◽  
Historical Analysis ◽  
Physical Capital ◽  
Cost Accounting ◽  
The United States ◽  
Reporting Bias ◽  
Productive Capacity ◽  
Replacement Cost ◽  
Historical Cost ◽  
Steel Corporation

This paper examines the magnitude of the reporting bias inherent in the historical cost accounting of a firm's physical capital. Reported depreciation data pertaining to U.S. Steel Corporation (currently USX) between 1939 and 1987 are compared with standardized historical cost figures and replacement cost estimates. The findings suggest that replacement cost depreciation would have provided more information about U.S. Steel's ability to maintain its productive capacity than historical cost depreciation did. Thus, this analysis provides an illustration of one of the primary arguments for replacement cost accounting.

Sign in / Sign up

Export Citation Format

Share Document