We keep accurate records of all of ASU’s capital assets, including moveable equipment and fixed assets, such as land and buildings. An approved property control system is critical to ASU’s research future. Our cognizant auditing agency, the , approves or denies our property system each year. Without the annual approvals Property Control has achieved since 1989, ASU would not be permitted to purchase capital assets on our federal contracts and grants, significantly reducing our research opportunities and future.
日本一本道a不卡免费Maintaining accurate equipment records is required by many sponsors. An accurate asset database is crucial for F&A reimbursement rate calculations. We perform functions required by Office of Management and Budget (OMB) Circulars - Cost Principles for Educational Institutions; - Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations; - Audits of States, Local Governments, and Non-Profit Organizations; and .
Generally, capital equipment consists of movable items with an acquisition cost of at least $5,000 and a life expectancy of greater than a year. Computer software must be at least $5,000,000. Additional details are in PCS 101.
Once a receiver document is filed by the department purchasing the equipment, or CAM is notified of an acquisition, we will coordinate tagging the equipment with an ASU barcode tag and enter the record into our database. See PCS 401 for more information.
We coordinate inventory of each asset once every 2 years. Equipment whose title does not rest with ASU will be inventoried annually, or as requested by the sponsor. Various auditing agencies also verify equipment records periodically. More information is in PCS 600.
You can check records of equipment through ASU’s myReports. To learn about acquiring a list of your department’s equipment, read our tutorial. If you do not have access, submit a request日本一本道a不卡免费. Please note that this process will change once Workday is implemented. We will post updates as they become available.