The Profit ConceptForums › ACCA Forums › ACCA FR Financial Reporting Forums › The Profit ConceptThis topic has 0 replies, 1 voice, and was last updated 11 years ago by soar.Viewing 1 post (of 1 total)AuthorPosts May 8, 2013 at 2:55 pm #124889 soarMemberTopics: 20Replies: 35☆☆What does this mean in the context of one of the advantages of Historic Cost Accounting, where it is said “The profit concept is well understood” ?AuthorPostsViewing 1 post (of 1 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In