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CURRENT COST ACCOUNT

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › CURRENT COST ACCOUNT

  • This topic has 1 reply, 2 voices, and was last updated 15 years ago by AvatarMikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • December 8, 2010 at 5:04 pm #46782
    AvatarTrinette
    Member
    • Topics: 3
    • Replies: 4
    • ☆

    Hello
    I am going through CCA
    CCA accounts will include adjustments for:
    Depreciation
    Cost of Sales
    Working capital
    How can these attempt to deal with areas where inflation can lead to “holding gain” and please can you define Holding Gain?
    thanks
    Trinette

    December 9, 2010 at 9:35 am #73725
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Hi – forget it – concentrate on those areas where there is at least a chance that the topic will come up!

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