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Accountancy Forum The Profession Accounting and Audit v
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Auditing in a hyperinflationary environment

 
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Auditing in a hyperinflationary environment
sandy
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#1
06-30-2009, 11:22 PM
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.
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