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Auditing in a hyperinflationary environment - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forum-accounting-and-audit) +--- Thread: Auditing in a hyperinflationary environment (/thread-auditing-in-a-hyperinflationary-environment) |
Auditing in a hyperinflationary environment - sandy - 06-30-2009 how effective is auditing in a hyperinflationary environment? take for instance a country like zimbabwe where a trillion dollars today was worth nothing after 2days. prices doubled twice in a day and they had figures like septillions and quintillions which accoutning packages could not manage. |