Capitalization of project costs affects the balance sheet, while expensing the costs affects the income statement. The route you assign determines whether your asset base increases or your profits ...

The International Accounting Standards Board and the International Sustainability Standards Board are developing standards for rate-regulated activities and carbon.

What Happened? On May 3, 2024, the U.S. Environmental Protection Agency (EPA) published its proposal to revise the Clean Air Act’s (CAA) New Source Review (NSR) preconstruction permitting program ...