Debate Regarding Measuring Accounting Value: Historical Cost against Fair Value

Article English OPEN
Victor Munteanu; Marilena Zuca;
  • Publisher: Editura Universitara
  • Journal: Academic Journal of Economic Studies (issn: 2393-4913, eissn: 2457-5836)
  • Publisher copyright policies & self-archiving
  • Subject: Fair value | historical cost | evaluation | financial statements | use of accounting information | viable | IASB | IFRS | Business | HF5001-6182

The transition from historical cost to fair value represents an option with major implications in accounting, because it is a complex process that requires tuning to today’s trends of national and global economy. We can state that with all the advantages of using histor... View more
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