Capital Expenses

    This type of expense is most often defined by reference to generally accepted accounting principles (GAAP), but GAAP does not provide definitive guidance on all possible expenditures. Accountants will often disagree on whether or not to include
    certain items as a capital expense or as an operating expense. For example, roof
    replacement is usually considered a capital expense, where roof maintenance or repair
    would likely be considered an operating expense.

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