... equipment Federal Financial Accounting Standards no. 6************************************************** Federal Accounting Standards Advisory Board (FASAB) ACCOUNTING FOR PROPERTY, PLANT, AND EQUIPMENT Statement ... amount and service potential of property, plant, and equipment; - cost of property, plant, and equipment where applicable; and - spending for acquisition of property, plant, and equipment ... contains accounting standards for Federally owned property, plant, and equipment (PP&E); deferred maintenance on PP&E; and cleanup costs. Each standard is summarized below. PROPERTY, PLANT,...