Article: historical cost accounting

Article: historical cost accounting
A Dictionary of Finance and Banking;      181 words ...historical cost accounting A system of accounting based...assets . The advantages of historical cost accounting are that it is relatively objective...inflation, however, the results of historical cost accounting can be misleading as profit...

Article: Guidance on cost accounting in government.
Management Accounting (British);  February 1, 1999 ;     323 words ......To do that they need guidance on cost accounting. The Public Sector Committee (PSC...proposed study entitled Perspectives on Cost Accounting for Governments to fulfil that need...Governments do not yet make full use of cost accounting in those government agencies that...

Article: The SEC rules historical cost accounting: 1934 to the 1970s
Accounting and Business Research;  January 1, 2007 ;     700+ words ......bastion of predominantly historical cost accounting for inventories and fixed...insistence on the use of historical cost accounting has emanated from the...over the predominance of historical cost accounting in the US from its founding...

Article: double-entry cost accounting
A Dictionary of Accounting;      19 words ...double-entry cost accounting The maintenance of cost accounting records using the principles of double-entry book-keeping .

Article: Historical cost methods should become history. (mark-to-market accounting advocated as more realistic for evaluating value of debt securities held as assets; part one)
Accounting Today;  October 5, 1992 ;     588 words ......wrong to change from historical cost to mark-to-market...should jettison historical cost accounting and adopt mark-to-mark...One does not use historical cost numbers to make...on the customer's historical cost of the collateral...asked to rely on the ...

Article: Lenient regulators helped dig S&L hole. (savings and loan crisis magnified through use of outmoded accounting practices based on historical cost accounting instead of more accurate mark to market accounting)
Accounting Today;  November 23, 1992 ;     640 words ......is an improvement over historical cost accounting is regulatory forbearance...regulators operating under historical cost methods were able under...Look what the use of historical cost got us in the savings...be enormous. The use of historical cost did not cause ...

Article: historical cost
A Dictionary of Economics;      107 words ...historical cost The system of accounting in which assets are valued and depreciation...based on market transactions. During a period of stable prices historical cost accounting is quite sensible, but in a period of sustained inflation it...

Article: The Rise and Fall of the Cost Accounting Standards Board
The Journal of Government Financial Management;  October 1, 2006 ;     700+ words ...How did the Cost Accounting Standards Board go from a heavyweight...accomplishments today? The original Cost Accounting Standards Board (CASB) was established...promulgate, amend and rescind cost accounting standards and regulations designed...

Article: Enhance your profits by cost accounting
Dermatology Times;  March 1, 2004 ;     700+ words ......one survey of profitability employed cost accounting. Studies have shown that 80 percent...profits? Very few dermatologists utilize cost accounting or make organized efforts to control...who overlook the benefits of using cost accounting as a tool for improving their bottom...

Article: It costs how much? The value of cost accounting.(BUSINESS TOPICS)
Metal Center News;  September 1, 2008 ;     700+ words ......behind the budgeting process educated ones. Cost accounting Cost accounting is best defined as a system for recording...products and performing services. In other words, cost accounting gathers figures from all facets of a metals...

Article: Cost accounting in eighteenth century Spain: The Royal Textile factory of Ezcaray
Accounting History;  November 1, 2001 ;     700+ words ......et al., 1997). The investigation of cost accounting practices in medium Spanish factories...more insights into the development of cost accounting in the eighteenth century and into...on archival evidence of the use of cost accounting in the case of the Royal Textile Factory...

Article: modified historical-cost convention
A Dictionary of Accounting;      44 words ...modified historical-cost convention A modification of the historical-cost convention in which certain assets are included at revalued amounts rather than their original cost. Modified historical cost accounting is permitted by the Companies Act. See alternative accounting rules .

Article: GAO critical of IRS's cost accounting compliance.(Internal Revenue Service )
Accounting Today;  January 30, 2006 ;     639 words ......development and implementation of managerial cost accounting. While some agencies - including the...leadership in the development of such cost accounting systems, others appear to be falling...limited. The importance of managerial cost accounting was underscored by the 1990 Chief...

Article: The construction of cost accounting systems in Britain to 1900: the case of the coal, iron and steel industries.
Business History;  July 1, 1997 ;     700+ words ......written in England on the subject of cost accounting generally and, therefore, the use of cost accounting in an industrial setting.(2) Whilst...and the relationship between the cost accounting literature and actual practice. The...