Capital maintenance in products of constant purchasing power accounting (CMUCPP) is the International Accounting Criteria Board (IASB) standard accounting model formerly authorized in IFRS in 1989 as an alternative to traditional historical cost accounting. Under CMUCPP personal capital maintenance is actually measured in products of constant getting power (CPP) with regards to a Daily CPI (consumer selling price index) during low inflation and deflation.
Constant Purchasing Power Accounting
