Capitalization and Depreciation of Infrastructure by State and Local Governmental Entities |
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| Authors: | Jean E Harris |
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| Institution: | Ph.D., CPA, CGFM, Associate Professor, School of Business Administration, Pennsylvania State University, Capital College, Middletown, PA 17057-4898. E-mail: . Phone: (717) 948-6157. Fax: (717) 948-6456. |
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| Abstract: | Proposals for capitalizing and depreciating infrastructure foreshadow a significant change in financial reporting for state and local entities. Justifications for present practices are examined. Costs and benefits of proposed changes are reviewed. Alternative practices are described. |
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