id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
abr-111	Holt, Paul E	A Comparison of the Characteristics of Price Parity Constructs with Exchange Rates and the Potential Impact on Foreign Currency Translation	2015	13	.pdf	application/pdf	5029	325	54	Such knowledge is critical to PPP translation proposals; despite the theoretical economics literature and the theoretical accounting literature, it may be true that PPP translation methodologies might be highly meaningful and useful in some country pairings, but less useful, even harmful in terms of financial statement information content, in other country pairings. In 1974, the Committee on International Accounting suggested the possibility that purchasing power parity (PPP) constructs might be appropriate for foreign currency translation, indeed that such constructs might be superior to exchange rates for the purpose.	cache/abr-111.pdf	txt/abr-111.txt