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Fixed Asset Policy & Procedures

Fixed Asset Policy & Procedures _____ Asset Services 2015 2 of 6 Content 1. Purpose .. 3 2. Definitions .. 3 3. Responsibility .. 3 4. Tagging and Identifying Inventoriable 4 5. Additions to Fixed Assets .. 4 6. Transfer of Assets .. 5 7. Disposition of Assets .. 6 8. Conducting Physical Inventory .. 6 Fixed Asset Policy & Procedures _____ Asset Services 2015 3 of 6 1. Purpose The purpose of this manual is to set forth the regulations and Procedures governing the control and reporting of capital and controlled assets.

The purpose of this manual is to set forth the regulations and procedures governing the control and reporting of capital and controlled assets. It is intended to assist ... Accepted Accounting Principles (GAAP). Government regulations require us to track an asset’s cost, depreciation, and the disposal of the asset. ... recording capital asset ...

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  Control, Capital, Procedures, Accounting, Asset, Capital asset

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