Depreciation Requirements in the Department of Defense
Abstract
Government agencies are required by law to use an accrual basis of accounting in accordance with the principles and standards prescribed by the Comptroller General. One of these principles is to account for depreciation. The purpose of this study was to investigate the relevance of depreciation in the Federal Government, especially in the Department of Defense. This was accomplished through literature research and personal interviews. The author concludes that, while depreciation may have some relevancy in the area of reimbursables, it is not relevant to decision making or performance analysis--although capital assets costs are.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1982
- Accession Number
- ADA122465
Entities
People
- John R. Pipho
Organizations
- Naval Postgraduate School