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Inventory of capital equipment restarts this month
March 2021 - The inventory of capital equipment鈥攊tems valued at $5,000 or more with a useful life of more than one year鈥攚ill restart with modifications in place to handle the current work-from-home circumstances and occasional campus access.
Indirect Cost (F&A) training
June 2021 - Learn听the purpose of the F&A cost rate and understand how the rate is calculated using base-year expenses.
The CCO property accounting team extends their appreciation for the great effort in restarting our capital equipment inventories.
The COVID-19 response suspended all departmental inventories until January 2021.听In just over five听months, members of departmental staff have inventoried 80% of the targeted assets. The estimated goal was 75%. In actual numbers, this equates to 7,566 tagged assets inventoried of the 9,457 due to be inventoried. The departmental teams are still checking the closets, storage units and off-site locales for the other assets, but this puts the university in a great position as we head into base year.听
Thank you to all involved!
If you have questions about your department鈥檚 inventory, please contact Andy Settle.