Impact Of Inflation On Financial Statement Of An Organization

ABSTRACT  Financial statement is an information that shows the summary of state of affairs of an organization.  Inflation is phenomenon that sources distortion to a financial statement of an organization.  This is as a result of the use of historical cost accounting in preparing the financial statement. The in depth of this  project work has been achieved form conducting a comprehensive research on the topic and the following are arrived at in chapters. The introduction was taken care of in chapter one where purpose significant, scope and limitation of studies worked into. Analytically, revi…