Description:
System is depreciating Air Force CFO assets utilizing the old threshold standard for units with an acquisition cost of $100K or more with an acquisition date prior to November 2013
Recommended:
Modify systems internal algorithm to comply with $1M threshold retroactively as mandated by DoD 7000.14 Vol 4 Ch 25.
Mission Critical:
Mandated per DoD 7000.14-R Vol 4 Ch 25.
Benefits:
Needed to avert erroneous financial reporting
Users:
This change will affect all users within the Department of the Air Force (DAF)
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