Why depreciation is not included in Governmental accounting? Why depreciation is treated differently for public and private

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Why depreciation is not included in Governmental accounting? Why depreciation is treated differently for public and private universities. Issues between the FASB and GASB related to depreciation for public versus private universities.

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University Physics with Modern Physics

ISBN: 978-0133977981

14th edition

Authors: Hugh D. Young, Roger A. Freedman

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Posted Date: Sep 12, 2020 04:16 AM

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Why depreciation is not included in Governmental accounting? Why depreciation is treated differently for public and private

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depreciation is not included in Governmental accounting In general governments are required to report capital assets at their historical cost and to depreciate that historical cost in a systematic and ... View the full answer

University Physics with Modern Physics

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