Current Cost Accounting sebagai Mekanisme Pemeliharaan Modal di Tengah Inflasi dan Ketidakpastian Pasar: Studi Literatur
DOI:
https://doi.org/10.61722/jaem.v3i2.10978Keywords:
Current Cost Accounting, Historical Cost Accounting, inflation, capital maintenance, financial reporting quality, firm value, market uncertaintyAbstract
Global economic changes characterized by rising inflation and market uncertainty pose significant challenges for companies in maintaining financial stability and capital preservation. This study aims to analyze the relevance of Current Cost Accounting (CCA) in enhancing the quality of financial information and maintaining entity capital under dynamic economic conditions. The method used is a literature review by examining prior studies related to inflation, financial reporting quality, and firm value. The results indicate that Historical Cost Accounting (HCA) has limitations in inflationary conditions, as it leads to information distortion, such as mismatch between revenues and expenses and overstated profits, which may result in illusory profit distribution and erosion of real capital. In contrast, CCA provides asset, expense, and profit measurements based on current costs, thereby better reflecting actual economic conditions. Furthermore, CCA contributes to improved transparency, reduces the potential for financial reporting manipulation, and supports the concept of capital maintenance. The findings imply that the implementation of CCA enhances decision-making quality for management, investors, and other stakeholders, and contributes to the sustainable improvement of firm value amid inflation and market uncertainty
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