Permanent Transfer of Equipment Assets to or from the University

FIN-013

The University has established internal controls for the transfer of equipment assets to and from the University to properly record/retire equipment assets in the financial accounting system and adequately insure equipment inventory. In addition, controls over equipment assets serve to avoid any potential adverse impact upon negotiated Federal Facilities & Administrative (F&A) rates and safeguard sponsor awards.

Applies To
Academic Division
The College at Wise
Approved On
Contact Office
Business Assets & Cost Recovery (Office of)
Keywords
Transfer Equipment Assets
Sponsored Program
surplus property
research equipment
transfer equipment
Last Revised
Major Category
Finance and Business Operations
Oversight Executive
Vice President and Chief Financial Officer