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Current cost accounting |
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Current cost accountingA system designed to adjust accounting for changes in prices that affect a company's assets. The more usual convention is historical cost accounting.Similar MatchesGenerally Accepted Accounting Principles (GAAP)Generally Accepted Accounting Principles (GAAP)The overall conventions, rules, and procedures that define accepted accounting practice at a particular time in the U.S. Accounting Standards BoardAccounting Standards BoardUK body that sets accounting standards. A subsidiary body of the Financial Reporting Council. Inflation accountingInflation accountingAccounting practices allowing for the effects of inflation. Purchase accountingPurchase accountingMethod of accounting for a merger that treats the merger as having purchased the merger and assumed the merger of the merger, which are then written up or down to their respective fair merger. The difference between the purchase price and the net assets acquired is attributed to merger. Financial Accounting Standards Board (FASB)Financial Accounting Standards Board (FASB)Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP). Further SuggestionsAccounting earningsCost accounting Accounting liquidity Statement of Financial Accounting Standards No 8 Growth accounting Regulatory accounting procedures (RAP) Accounting insolvency Average accounting return Historical Cost Accounting Convention accounting reference date Replacement cost accounting Statement of Financial Accounting Standards No 52 Accrual Accounting Convention |
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