https://www.proz.com/kudoz/hebrew-to-english/accounting/6840686-%D7%9E%D7%95%D7%A1%D7%9B%D7%9E%D7%AA-%D7%94%D7%A2%D7%9C%D7%95%D7%AA-%D7%94%D7%94%D7%99%D7%A1%D7%98%D7%95%D7%A8%D7%99%D7%AA.html

Glossary entry

Hebrew term or phrase:

מוסכמת העלות ההיסטורית

English translation:

the historical cost convention

Added to glossary by Harold Lemel
Jul 4, 2020 17:50
3 yrs ago
9 viewers *
Hebrew term

מוסכמת העלות ההיסטורית

Hebrew to English Bus/Financial Accounting Financial audit
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
Proposed translations (English)
5 +1 the historical cost convention

Proposed translations

+1
1 hr
Selected

the historical cost convention

Please see link
Note from asker:
Thank you David! That sounds good.
Peer comment(s):

agree Sergio Kot
14 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks so much David!!"