Historic cost: Difference between revisions
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imported>Doug Williamson (Create page. Source: Historical cost page.) |
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== See also == | == See also == | ||
* [[Amortised cost]] | * [[Amortised cost]] | ||
* [[Cost model]] | |||
* [[Current cost accounting]] | * [[Current cost accounting]] | ||
* [[Fair value]] | * [[Fair value]] | ||
Latest revision as of 11:20, 11 October 2023
1. Financial reporting - accounting practices - measurement.
Historic cost is the original cost of assets to a reporting entity.
2.
More generally, any original cost.
Also known as historical cost.
