Policy and Procedures

For more in-depth information on policies and responsibilities for capital assets to meet the Federal Government requirements.

• Capital Asset Accounting – General Procedures (effective 12/24/2014)
  • All equipment acquired or controlled by the University will be subject to the General Property Accounting Procedures. In addition to the General Property Accounting Procedures, the Property Accounting Procedures – Government Property will apply to all Government property controlled by the University.
• Government Equipment Procedures
  • Upon acceptance of federal agreements the University becomes directly responsible for and accountable for all government property in accordance with the provisions of these agreements. The requirements for property control in these agreements vary among different government agencies. The following procedures supplement the University’s general property management procedures and are intended to satisfy the basic requirements of the various agencies in one consistent guide.
• Memos
  • Capitalization Policy – Acct. Svcs. Memo 02/12/10
  • Capitalization Policy – SPS Memo 06/29/09