Current Cost Accounting (CCA): Objective and Evaluation

In this article we will discuss about Current Cost Accounting (CCA):- 1. Definition of Current Cost Accounting (CCA) 2. Objectives of CCA 3. Evaluation. Definition of Current Cost Accounting (CCA): Current cost accounting uses "value to the business" as the measurement basis. Value to the business is defined as: (a) Net current replacement cost or, if a permanent diminution to [...]