МЈЕРЕЊЕ ДОБИТИ И ОДРЖАЊЕ КАПИТАЛА У УСЛОВИМА ИНФЛАЦИЈЕ
PROFIT MEASUREMENT AND CAPITAL MAINTENANCE IN INFLATIONARY CONDITIONS

Author(s): Jelena Poljašević
Subject(s): Economy, Business Economy / Management, Financial Markets, Accounting - Business Administration
Published by: Savez računovođa i revizora Republike Srpske
Keywords: capital maintenance; historical cost; current value; inflation; income measurement;
Summary/Abstract: The presented profit of the company is influenced by the concept of capital maintenance and the basis of valuation of assets and liabilities. In the conditions of inflation, due to the general increase in prices and constant technical-technological progress, the question arises as to how the company’s position and performance should be presented so as not to distribute profits above the amount needed to maintain capital. In this paper, the focus is on the physical maintenance of capital, which implies valuation according to current costs, and the way in which profit is expressed by applying this concept.

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