Property, Plant and Equipment

1. PURPOSE AND SCOPE

This regulation prescribes accounting standards, policies, and procedures to be used to obtain uniform and reliable financial control over property, plant and equipment (PP&E) at the U.S. Department of Agriculture (USDA). The PP&E accounting standards, policies, and procedures are applicable to all agencies, staff offices, and the Working Capital Fund (WCF).

2. SPECIAL INSTRUCTIONS/CANCELLATIONS

This regulation revises Departmental Regulation 2200-002 “Property, Plant and Equipment” dated December 24, 2003.