Historical cost: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: linked pages.) |
imported>Doug Williamson (Classify page.) |
||
| Line 20: | Line 20: | ||
* [[Measurement]] | * [[Measurement]] | ||
* [[Reporting entity]] | * [[Reporting entity]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Revision as of 12:51, 29 October 2020
1. Financial reporting - measurement.
Historical cost is the orginal cost of assets to a reporting entity.
2.
More generally, any original cost.
Also known as historic cost.
