Original sentence: Accountants have to calculate the net monetary loss or gain from holding monetary items when they choose the CIPPA model and measure financial capital maintenance in units of constant purchasing power
Edited sentence: Accountants have to calculate the net monetary loss or gain from holding monetary items when they choose the Constant Item Purchasing Power Accounting model and measure financial capital maintenance in units of constant purchasing power in the same way as the IASB currently requires its calculation and accounting only during hyperinflation.It is an inexplicable contradiction that net monetary gains and losses are required by the IASB to be calculated and accounted during hyperinflation but not during non-hyperinflationary periods, especially when the IASB approved alternative to Historical Cost Accounting, namely Constant Item Purchasing Power Accounting does require their calculation and accounting during low inflation.There are net monetary losses and net monetary gains during low inflation too, but they are ignored by all accountants worldwide - including the IASB