... land and will not be reported on the balance sheet. Examples of land not associated with other items of general PP&E include land used as forests and parks and land used for wildlife and ... 6**************************************************Federal Accounting Standards Advisory Board(FASAB) ACCOUNTING FOR PROPERTY, PLANT, AND EQUIPMENTStatement of Federal Financial Accounting Standards No. 6JUNE 1996GPO # 04 1-0 0 1-0 046 2-9 ($6.50)**************************************************[NOTE ... applicability of the standards, - capitalization threshold, - materiality, and - effective date.2 Chapters 2, 3, and 4 present the accounting standards for PP&E, deferred maintenance, and cleanup...