- Muhasebe Bilim Dünyası Dergisi
- Cilt: 25 Sayı: 4
- DECISION USEFULNESS AND INFLATION ACCOUNTING: THE CASE OF TURKEY
DECISION USEFULNESS AND INFLATION ACCOUNTING: THE CASE OF TURKEY
Authors : Seyfullah Selimefendigil
Pages : 465-497
Doi:10.31460/mbdd.1253007
View : 286 | Download : 352
Publication Date : 2023-12-31
Article Type : Research
Abstract :The purpose of this study is to examine the issue of inflation accounting and decision useful-ness. As well as having political costs for a country, inflation has financial costs for compa-nies and their stakeholders. To test the necessity of inflation accounting adoption, Ohlson\'s (1995) pricing model is used and earnings volatility is measured across years. It was con-cluded that earnings are more volatile and don’t explain the changes in company market val-ue when inflation adjustments are required. Furthermore, it has been suggested that steward-ship theory can explain the reporting of inflation-adjusted values in conjunction with histori-cal cost values.Keywords : Enflasyon Muhasebesi, Karara Faydalılık, Temsil Teorisi