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Inflation and deflation

Unit 4: Price Level ChangesTopic 1 of 3
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What the syllabus expects

  • Concept of Price Level Change: Inflation and Deflation

Inflation and deflation

Bachelor of Business Studies (BBS) — Fourth Year

Subject: Advanced Financial Accounting (ACC 252)

Unit 4: Price Level Changes

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

  • Explain the scope and key elements of inflation and deflation.
  • Apply the relevant accounting or audit procedures using the stated reporting framework and interpret the resulting evidence.

Curriculum Scope

  • Concept of Price Level Change: Inflation and Deflation

Detailed Microsyllabus

  1. Price-level change

    1. Inflation and deflation.
    2. Purchasing-power effects.
    3. Changes in general prices versus specific asset prices.

  2. Accounting implications

    1. Comparability across periods.
    2. Historical-cost limitations.
    3. Identify the adjustment approach used in the course.

Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 70–72.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Examples involving current laws, rates, institutional products or Nepalese status must identify the relevant period and official materials; no changing numerical or legal requirements are invented here.