Historical cost: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages.) |
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1. ''Financial reporting - measurement.'' | 1. ''Financial reporting - accounting practices - measurement.'' | ||
Historical cost is the | Historical cost is the original cost of assets to a reporting entity. | ||
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* [[Fair value]] | * [[Fair value]] | ||
* [[Financial reporting]] | * [[Financial reporting]] | ||
* [[Historic]] | |||
* [[Historical cost accounting]] | * [[Historical cost accounting]] | ||
* [[Measurement]] | * [[Measurement]] | ||
* [[Reporting entity]] | * [[Reporting entity]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 14:50, 29 October 2020
1. Financial reporting - accounting practices - measurement.
Historical cost is the original cost of assets to a reporting entity.
2.
More generally, any original cost.
Also known as historic cost.
