Examples of 'historical cost' in a sentence
Meaning of "historical cost"
Historical cost refers to the original or initial cost of acquiring an asset or resource, as recorded at the time of its purchase or acquisition. It is a financial accounting concept that represents the amount of money paid or the value assigned to an asset when it was first obtained
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- The original nominal monetary value of an economic item; the value at which an item was acquired by a company and was entered in its books.
How to use "historical cost" in a sentence
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historical cost
Cost represents historical cost since inception.
Separately acquired licenses are shown at historical cost.
Historical cost should be the basis for depreciation.
Separately acquired licenses are presented at historical cost.
Revaluation method to the historical cost recognition method.
Historical cost less accumulated depreciation.
Non monetary items are carried at historical cost.
From historical cost to fair value.
The asset records are maintained on a historical cost basis.
Under the historical cost convention.
These transactions are recorded at historical cost.
Historical cost includes expenditure that is directly attributable to.
These are reported at historical cost net of accumulated depreciation.
Acquired lands are recorded at historical cost.
Historical cost financial statements.
See also
Stock claim adjusted to reflect historical cost of sales.
Effects of using historical cost accounting on mining companies in ghana.
We record intangible assets at historical cost.
Historical cost is what the cost has been in the past.
This guidance uses the historical cost measurement basis.
Historical cost is simple to administer and less vulnerable to manipulation.
Intangible assets are recorded at historical cost less accumulated depreciation.
Furniture and office equipment are valued at their historical cost.
Leasehold improvements are recorded at historical cost and presented at depreciated cost.
Investments are reported at fair value rather than historical cost.
They are measured at historical cost less accumulated amortization and impairment.
Trademarks are recognised at historical cost.
Historical cost depreciation.
Note disclosing historical cost.
The display of historical cost reports in currentyear dollars will be investigated.
Equity interests are carried at historical cost acquisition cost.
The historical cost of assets is the purchase price of the assets.
Depreciation is valued at historical cost.
At its historical cost.
Fixed and intangible assets are recorded at historical cost less an.
The historical cost is an objective amount that can easily be audited.
This contrasts with the usual historical cost approach.
Using historical cost means no one has to guess at the original cost.
The methodology applied is based on historical cost of goods sold.
Historical cost is the original cost of either purchasing the inventory if you are.
It is important to examine cost behaviour using historical cost information.
Historical cost includes expenditures that are directly attributable to the acquisition of the items.
Property and equipment are valued at historical cost or fair value if.
The historical cost model is applied to intangible assets after they have been recognized.
The market value of an asset reflects its historical cost.
This should provide for historical cost as the basis for depreciation.
Assets and liabilities are measured according to the historical cost convention.
Historical cost includes expenditures that are directly attributable to the acquisition of the asset.
It may be a historical cost.
These consolidated financial statements have been prepared on a historical cost basis.
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Examples of using Cost
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The cost of this workshop is per couple
Yet not at the cost of your life
Cost allocation and booking of the invoice
Examples of using Historical
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Notes to the historical combined financial statements
Equity instruments are recognized at their historical value
Detailed historical information should be included in an appendix
