An accounting method (valuation method) that uses current cost as a measure of value. It is designed to realistically enhance...

It stands for realizable cost savings (or realized cost savings); the amount by which the current cost of the assets...

The amount by which the current cost of the assets held by an entity in the current period increases. This...

It stands for current operating profit; the operating profit that constitutes the excess of the current value of an entity's...

The operating profit that constitutes the excess of the current value of an entity's output (products and services provided) sold...

An abbreviation for profit and loss account; one of the primary financial statements of an entity that presents its revenues...

An abbreviation for profit and loss account; one of the primary financial statements of an entity that presents its revenues...

One of the primary financial statements of an entity that presents its revenues and expenses during the reporting period. It...

An accounting method that uses a combination of accounting methods for recognition and measurement of income items. Principally, the hybrid...

It stands for net income; the amount that results from distracting specific items from an entity's income, depending on its...