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Contributions of Limperg and Schmidt to the Replacement Cost Debate in the 1920s (Paperback)
Loot Price: R1,129
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Contributions of Limperg and Schmidt to the Replacement Cost Debate in the 1920s (Paperback)
Series: Routledge Library Editions: Accounting History
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This book, first published in 1990, examines the works of Theodore
Limberg and Fritz Schmidt and their contribution to the development
of the case for replacement price valuations. It analyses which of
Limberg's and Schmidt's contributions was the most prominent and
whether either was the genesis of an evolutionary development of
replacement price valuations. This analysis is apposite. History
indicates we will experience further periods of inflation and
accompanying debate on the serviceability of accounting proposals
to incorporate the financial effects of price and price-level
changes.
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