• Debate 51Concepts of Capital Maintenance

  SFAC No. 5 states that the concept of capital maintenance is critical in distinguishing an enterprises return on investment from return of its investment. Two concepts of capital maintenance are discussed: physical capital maintenance and financial capital maintenance.

  Team Debate:

  Team 1:

  Present arguments in favor of the physical capital maintenance concept.

  Team 2:

  Present arguments in favor of the financial capital maintenance concept.