FASB CODIFICATION RESEARCH- provide references CE11.3

Your great-uncle, who is a CPA, is impressed that you are majoring in accounting. However, he believes that depreciation is something that companies do based on past practice, not on the basis of any authoritative guidance. Provide the authoritative literature to support the practice of fixed-asset depreciation.

CE11.4

What is the nature of SEC guidance concerning property, plant, and equipment disclosures?