Accounting Requirements for Equipment Assets

FIN-034
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
Contact Office
Business Assets & Cost Recovery (Office of)
Keywords
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