Abstract
Abstract The current study aims at treating the inflation resulting from the increasing of demand, the cost push and the structural inflation. Studying the factors of incidence in order to achieve the solutions for this treatment, it is known that the accounting part will be affected by inflation phenomenon, because it may reflect the results of the economic and financial policies which represents in the balance of payment and public budget. To realize the practical of this objective, the researcher designed a questionnaire depending upon of previous studies and the theoretical framework. The questionnaire is distributed to the professors of economic and accounting department at Palestinian universities in Gaza – Province and to the managers of economic departments at the public sector. The results of this study showed that the inflation phenomenon is a currency matter, due to the increase of currency more than the quantity of production. Also, the inflation resulting from structural factors appeared in the existence of defects in the structure of national economy. It is difficult however to overcome it in a short period. The inflation regarding the performance of economical projects about profitability is prerequisite for the evaluation of changes on the economic resources. The researcher introduces a set of recommendations to reduce the severity of inflation phenomenon in case the existence of a big quantity of currency, the increase of prices for goods and services owing to the increase of its costs, the treatment of defects which are connected with economic depression, the challenges of development, the nature of development process in Palestine and the effect of accounting disclosure in the financial statements under the protection of inflation phenomenon. ً.
