מוסכמת העלות ההיסטורית

English translation: the historical cost convention

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Hebrew term or phrase: מוסכמת העלות ההיסטורית
English translation:the historical cost convention
Entered by: Harold Lemel

17:50 Jul 4, 2020
Hebrew to English translations [PRO]
Bus/Financial - Accounting / Financial audit
Hebrew term or phrase: מוסכמת העלות ההיסטורית
My main issue is the use of מוסכמת here. I'm thinking maybe "conventional" historical cost??

Here is the sentence:

הדוחות הכספיים נערכו בהתאם למוסכמת העלות ההיסטורית
Harold Lemel
United States
Local time: 12:16
the historical cost convention
Explanation:
Please see link
Selected response from:

David Greenberg
Israel
Local time: 20:16
Grading comment
Thanks so much David!!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1the historical cost convention
David Greenberg


  

Answers


1 hr   confidence: Answerer confidence 5/5 peer agreement (net): +1
the historical cost convention


Explanation:
Please see link


    https://www.google.com/search?q="historical+cost+convention"
David Greenberg
Israel
Local time: 20:16
Native speaker of: English
PRO pts in category: 12
Grading comment
Thanks so much David!!
Notes to answerer
Asker: Thank you David! That sounds good.


Peer comments on this answer (and responses from the answerer)
agree  Sergio Kot
14 hrs
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