Evaluation Bases in Accountancy

In specialty literature, the accounting evaluation is defined as the process which consists of the quantification and, on this basis, in measuring in a moneyed expression of the size of patrimonial elements and operations regarding the movement of these elements. Likewise, the evaluation represents that process of determining the moneyed value where the described elements in the financial situations are recognized and enlisted in the balance sheet and the profit and loss account. In this paper we propose a succinct characterization of the needle of that evaluation bases which can successfully enter the equation of reasonability and rationality: historical cost, current cost, effectible value and updated value.