Peering Under the Inflationary Veil: Synopsis

Grady, Patrick (1982): Peering Under the Inflationary Veil: Synopsis. Published in: Proceedings of a Conference on Inflation-Induced Distortions in Financial Reporting and Taxation (7 July 1982): pp. 3-11.

Abstract

This paper provides an interpretive synopsis of the results of a conference on inflation-induced distortions in financial reporting and taxation held in October 1981 at the height of the post-war inflation. It provides analysis of the magnitudes of the likely distortions in reporting and taxation in Canada and other countries and discusses proposals for improving reporting and taxation.

• Item Type: MPRA Paper
• Language: English
• Keywords: inflation accounting, inflation-induced distortions in financial reporting and taxation
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M41 - Accounting; E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level ; Inflation ; Deflation

References

Alexander, Michael O. “The Rocky Road to Inflation-Adjusted Financial Reporting and Taxation Rules,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.13-15.

Brewer, Keith J. “Inflation-Induced Distortions in Financial Reporting and Taxation in the energy and Mining Sectors: Energy and Mining Sectors,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.41-44.

Boersema, John M. “Inflation-Induced Distortions in Financial Reporting and Taxation in the energy and Mining Sectors: Oil and Gas Industry,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.44-46.

Clough, J. Paul T. “Problems of Accounting for Inflation in Selected Sectors: Regulated Industries,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.36-37.

Fogg, Michael J. “New Reporting and Taxation Rules for Canada in an Inflationary Era: Recent Experience in the United States and United Kingdom: Lessons for Canada,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp. 53-55.

Goodfellow, James L. “New Reporting and Taxation Rules for Canada in an Inflationary Era: Views of the Accounting Research Committee, Canadian Institute of Chartered Accountants,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.51-52.

Grant, John A. G. “Inflation-Induced Errors in Stock Market Values: Canada,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), p.21.

Holland, Daniel M. “Inflation-Adjusted Rates of Return and Effective Tax Rates, by Aggregates and Industry Groups: The Experience in Other Countries,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.29-30.

Mackenzie, Michael A. “Problems of Accounting for Inflation in Selected Sectors: Financial Institutions,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.37-40.

Modigliani, Franco “Inflation-Induced Errors in Stock Market Values: United States,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp. 17-19.

Rosen, Irving L. “Inflation Accounting and the Small Business,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.57-58.

Schoonover, John “Problems of Accounting for Inflation in Selected Sectors: Multinational Firms Operating in Jurisdictions with Different Reporting Rules,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.35-36.

Tarasofsky, Abraham and H. Bert Waslander “Inflation-Adjusted Rates of Return and Effective Tax Rates, by Aggregates and Industry Groups: The Canadian Experience,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.25-29.

Tyrrell, James “New Reporting and Taxation Rules for Canada in an Inflationary Era: Views of The Canadian Manufacturers' Association,” in Patrick Grady (ed.) Peering under the Inflationary Veil (Economic Council of Canada, 1982), pp.52-53.