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Yazar
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Al Emam Ahmed Yousıf Mohamed
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Türü |
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Baskı Yılı |
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2020
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Sayı |
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56
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Sayfa |
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227-246
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DOI Number: |
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| Cite : |
Al Emam Ahmed Yousıf Mohamed , (2020). THE IMPACT OF INFLATION ON THE EFFICIENCY OF FINANCIAL STATEMENTS IN GOVERNMENT INSTITUTIONS. Route Education and Social Science Journal , 56, p. 227-246. Doi: 10.17121/ressjournal.2836.
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922 2542
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Özet
The study aimed to show the importance of the inflation factor when
preparing financial statements and to explain the factors affecting
inflation rates in the continuation of the establishment and the
extent to which the historical cost in maintaining capital is
preserved. The problem of the study was dependence on the
monetary unit in preparing the financial statements with the
unstable purchasing power of the monetary unit as a result of
continuous inflation, which in turn leads to the lack of credibility
of the financial statements prepared on the basis of historical cost?
The hypotheses were that the financial statements are considered
one of the most important sources for making financing and
investment decisions The hypotheses of the study care about the
financial statements prepared on the basis of historical cost do not
provide adequate information for their users in light of inflation.
The historical approach was also followed to follow previous studies
and descriptive analytical method using the random sample
method to test the study hypotheses. The study concluded that the
financial statements are considered the main source for making
investment decisions, inflation affects the items of the traditional
financial statements, which makes them misleading to users. It also
recommended not to rely on information prepared on the basis of
historical cost to provide information Financial statements due to
their complexity and cost.
Anahtar Kelimeler
Abstract
The study aimed to show the importance of the inflation factor when
preparing financial statements and to explain the factors affecting
inflation rates in the continuation of the establishment and the
extent to which the historical cost in maintaining capital is
preserved. The problem of the study was dependence on the
monetary unit in preparing the financial statements with the
unstable purchasing power of the monetary unit as a result of
continuous inflation, which in turn leads to the lack of credibility
of the financial statements prepared on the basis of historical cost?
The hypotheses were that the financial statements are considered
one of the most important sources for making financing and
investment decisions The hypotheses of the study care about the
financial statements prepared on the basis of historical cost do not
provide adequate information for their users in light of inflation.
The historical approach was also followed to follow previous studies
and descriptive analytical method using the random sample
method to test the study hypotheses. The study concluded that the
financial statements are considered the main source for making
investment decisions, inflation affects the items of the traditional
financial statements, which makes them misleading to users. It also
recommended not to rely on information prepared on the basis of
historical cost to provide information Financial statements due to
their complexity and cost.
Keywords
