Inflationary effects: Empirical evidence from 2005-2009 financial statements of publicly listed companies in the Philippines

• Main Authors: Atienza, John Rafael, Cham, Sabrina Barbara C., Gonocruz, Karla Guia P., Laydia, Janelle Anne I.
• Format: text
• Language: English
• Published: Animo Repository 2011
• Subjects: Financial statements > Standards; Accounting > Effect of inflation on; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/11422
• Institution: De La Salle University

The adjustments for inflation are mandated by the Philippine Accounting Standards 29, or the Financial Reporting in Hyperinflationary Economies, only when hyperinflation occurs in the economy. This leads to the restatement of the values in the financial statements to reflect its nominal amount as of...