Backboards: 
Posts: 161
In response to "OK I do have a corporate accounting question for the accounting types..." by Capstern

They're doing it correctly now.

You have to capitalize and depreciate the equipment you own over the expected life of the equipment unless the amount is immaterial, which would be a discussion with the accounting group and the outside auditors.

Post a message   top
Replies are disabled on threads older than 7 days.