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Accounting for property, plant, and equipment Federal ...

Accounting for property, plant, and equipmentFederal Financial Accounting standards no. 6** Federal Accounting standards Advisory Board(FASAB) Accounting FOR PROPERTY, PLANT, AND EQUIPMENTS tatement of Federal Financial Accounting standards No. 6 JUNE 1996 GPO # 041-001-00462-9 ($ )**[NOTE 1: THE FOOTNOTES INCLUDED IN THIS DOCUMENT AREOFTEN CRITICAL TO UNDERSTANDING THE standards . DUE TOTHE LIMITATIONS ON TEXT PRESENTATION THE FOOTNOTES AREPRESENTED AS ENDNOTES. PLEASE BE SURE TO REFER TOTHESE ENDNOTES AS YOU REVIEW THE standards .]

c The diversity among Federal PP&E creates a need for meaningful categories of PP&E with different accounting standards for each category. The Board identifies four

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