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Peer reviewed
Direct linkRiordan, Diane A.; Riordan, Michael P. – Journal of Teaching in International Business, 2009
This article provides an exercise for students to contemplate the effects of inflation during financial statement analysis. Even small amounts of inflation accumulating over time can grow to distort a company's reported financial position and results of operations. The growing economies in emerging markets, the international market for oil, and…
Descriptors: Credit (Finance), Accounting, Economic Factors, Economic Climate
