Fixed Assets and Depreciation Stock and Cost of Sales

Abstract

As we have seen from the previous chapter it is not possible to consider the latest proposals for accounting for inflation (the Hyde Guidelines) in isolation. We must keep in mind that these proposals have been developed from the earlier recommendations put before the accounting profession in recent years. In order to consider fully the practical aspects of accounting for fixed assets and stock it is my intention in this chapter to concentrate on the proposals contained in Exposure Draft 18 on Current Cost Accounting and then to compare them with the Hyde Guidelines.

Citation

Fisher, J. (1978), "Fixed Assets and Depreciation Stock and Cost of Sales", Management Decision, Vol. 16 No. 8, pp. 422-432. https://doi.org/10.1108/eb001171