It stands for modified historical cost; an enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at...

An enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at current value to reflect changes in...

An enhanced version of historical cost (HC) where specific assets/ liabilities are recognized at current value to reflect changes in...

A general concept that draws a dividing line between issues/ events that are important and issues that are not for...