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The humanistic and behavioural perspectives are similar in that
Modified Approach
Modified Approach is a method in governmental accounting allowing certain assets to be reported at historical cost, exempt from the regular depreciation accounting if they are maintained at predefined condition levels.
Infrastructure Assets
Long-term physical assets that are critical for providing public services, including roads, bridges, and water supply systems.
Maintenance Costs
Expenses incurred to keep an asset in working order or restore it to proper condition; does not improve upon the original asset.
Government-Wide Financial Statements
Comprehensive reports that provide an overview of a government entity’s financial activities and balances, including both governmental and business-type activities.
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