Accounting Requirements for Equipment Assets


Equipment assets owned or held by the University must be accurately inventoried and recorded to meet both generally accepted accounting principles and federal or state regulations. This policy details guidelines on how equipment assets records are to be maintained.

Applies To
Academic Division
The College at Wise
Approved On
Contact Office
Business Assets & Cost Recovery (Office of)
equipment inventory
equipment trust fund
fixed assets
capital equipment
sponsor-owned equipment
sensitive equipment
tagging equipment
Last Revised
Major Category
Finance and Business Operations
Oversight Executive
Vice President and Chief Financial Officer