Meaning CURRENT COST ACCOUNTING
What does CURRENT COST ACCOUNTING mean? Here you find 2 meanings of the word CURRENT COST ACCOUNTING. You can also add a definition of CURRENT COST ACCOUNTING yourself
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CURRENT COST ACCOUNTINGComptabilité au coût actuel
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CURRENT COST ACCOUNTINGCurrent cost accounting values assets at their current replacement cost rather than at the price originally paid for them, the approach taken by historical cost accounting. Current cost accounts are drawn up by adjusting the historical cost for inflation and the usual adjustments such those as for depreciation.
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