Replacement cost: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: linked pages.) |
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Revision as of 14:15, 13 November 2016
(RC).
1. Derivatives
The current fair value of a derivatives contract, representing the amount that would need to be paid to replace the contract now, in the event of the failure of the derivative counterparty.
2. Financial reporting
In current cost accounting, the current market cost of replacing inputs, rather than their historical cost.