In 1996 the Federal Accounting Standards Advisory Board (FASAB) 1 enacted Standard Number 6, Accounting for Property, Plant, and Equipment (PP&E), the first gov

The federal government, like private corporations and other organizations, acquires buildings and other facilities to support specific functions and missions an

The federal government has invested more than $300 billion in 500,000 buildings and other facilities worldwide to support the provision of government services.