current cost accounting การใช้

He was eventually appointed group financial controller of Philips Australia in Sydney in 1977, and, concurrently, was a member of the Committee for Current Cost Accounting of the Institute of Chartered Accountants of Australia.
Fair value accounting ( also called replacement cost accounting or current cost accounting ) was widely used in the 19th and early 20th centuries, but historical cost accounting became more widespread after values overstated during the 1920s were reversed during the Great Depression of the 1930s.