Human Capital Expenditures
Do you think that expenditures on human capital could be treated as an asset or an expense? Why or why not? Describe. And what expenses would you include, if any? Is this consistent with the matching principle and If you feel they should be an asset, how would you recommend expensing them, i.e. depreciation or amortization method? Do you feel that allowing companies to capitalize human capital expenses should have a potential negative effect?