THERE'S DEPRECIATION IN YOUR FUTURE
Sherman Hayes
(Sherman Hayes is Director of the Soloman R. Baker Library, Bentley College, Waltham, Massachusetts.)
David R.L. Gabhart
(David R.L. Gabhart is Professor of Accountancy at Bentley College.)
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Abstract
Of all the issues confronting librarians in their daily activities, accounting for depreciation is most aptly described as a “shoulder shrugger.” And in the recent past, a librarian would have been justified for having no interest in depreciation since it has had little impact on budgeting or financial decisions. However, with the release of the Statement of Financial Accounting Standards No. 93, Recognition of Depreciation by Not‐for‐Profit Organizations, we suggest that you consider taking a CPA to lunch.
Citation
Hayes, S. and Gabhart, D.R.L. (1989), "THERE'S DEPRECIATION IN YOUR FUTURE", The Bottom Line, Vol. 2 No. 2, pp. 27-27. https://doi.org/10.1108/eb025169
Publisher
:MCB UP Ltd
Copyright © 1989, MCB UP Limited