• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

March 2026 ACCA Exams

Comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

Historical cost accounting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Historical cost accounting

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • January 22, 2017 at 4:15 am #368819
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Hi sir, i just wanna check with you if the statements below are the disadvantages of historical cost ?

    1) They contain mixed values; some items are at current values, some at out of date values

    2) They overstate gearing in the statement of financial position

    January 23, 2017 at 5:44 pm #369073
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    1) correct – think of the different bases of the valuation of TNCA when compared with inventory

    2) correct

    January 24, 2017 at 3:21 am #369139
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Thank you sir.

    January 24, 2017 at 8:46 am #369198
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Kaplan ACCA Free Trial

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • cengz on The Finance Function in the Digital Age – CIMA E1
  • haddyf121@icloud.com on FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss
  • saaranitinchandratre on Activity Based Costing part 3 – Advantages of, and problems with – ACCA Performance Management (PM)
  • chrisoleary94 on Changes in group structure – examples – ACCA SBR lectures
  • luyuecui on Statement of cash flows – Example 1 (revision) – ACCA Financial Reporting (FR)

Copyright © 2026 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in