To capitalize, or not: that is the question!
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To capitalize, or not: that is the question!

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Consistent with the Statements of Financial Accounting Concepts (SFAC), U.S. generally accepted accounting principles (U.S. GAAP) require the capitalization of costs when a future benefit for the expenditure exists. In some cases, such as the purchase of equipment, the decision to capitalize is straightforward. However, there are situations in which that decision is not as clear. Capitalization questions arise in multiple areas. This report accumulates professional guidance related to capitalization in the following areas:

  • Repairs and maintenance

  • Internally developed intangible assets

  • Patent defense costs

  • Start-up costs

  • Contract costs

  • Advertising costs

  • Website development costs

Download the report on asset capitalization questions

File name: CPEA-capitalization-of-costs.pdf

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