1 AM A MASTERS STUDENT MAJORING IN HRM, I WOULD LIKE TO UNDERSTAND HISTORICAL COST IN FINANCIAL ACCOUNTING
strength of historical cost accounting
Explain cost center in the context of cost accounting
cost accounting advantage & disadvantage
i am in my course work question so pls help me
one of the most limitation of accounting is measurement by historical cost
What are the argue for and against historical cost as a principle of accounting in the preparation of final account of a sole trader?
Historical cost accounting is the price a firm pays to obtain ownership while utilizing an asset which includes payments needed to purchase the asset. This form of accounting is based on previous price decisions helping a company determine pricing.
the difference between income derived from the viewpoint of maintaining financial capital (as in historical cost accounting) and income derived from a system of ensuring that physical capital
hi
historical cost principle
Cost accounting is a wonderful tool for the management to measure how the company resources has been utilized. It is very useful for the end users also.
Discuss the various methods of inflation accounting.