The University defines capital equipment as tangible personal property with a useful life greater than one year with an individual or componentized cost of $5,000 or greater. The equipment can be ...
The Capital Assets department is responsible for overseeing the accounting of the University’s capital assets for all areas of Case Western Reserve University for both internal and external reporting ...
Equipment is acquired by the University in a variety of ways including purchases, donations, and transfers into the University from other institutions. Only equipment costing $5,000 or more with a ...
Capital equipment unit representatives act as a liaison between Financial Operations and their school or unit for capital equipment monitoring purposes. Unit representatives serve as a starting point ...
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 ...
In every equipment-intensive company, three core groups shape how the business operates: the Equipment Team, the Operations Team, and the Accounting Team. Whether through shared roles, dedicated ...
Certain private companies, nonprofits, and tax-exempt organizations that lease equipment have been given an important advantage in implementing new accounting rules—more time. The Financial Accounting ...
Equipment screening reports are available upon request by contacting Property Accounting by email propacct@purdue.edu. Please include details on what you are ordering, how much it cost, and the ...
The Equipment Leasing and Finance Association, a trade association that represents companies in the equipment finance sector, had been pushing back against some of the earlier versions of the new ...
Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...