Capital Asset Purchases and Allocation of Depreciation

This section of the recharge and service center units accounting standards book is dedicated to capital asset purchases and the allocation of deprecation for recharge and service center units. Here, one can find resources, policies, and standards aimed at helping the reader grasp the intricacies of this concept.

An audience begins to fill in before the unveiling of an art installment in Luddy Hall.
An audience begins to fill in before the unveiling of an art installment in Luddy Hall.

Understanding the guidelines outlines in this section of the book is paramount for recharge and service centers to effectively handle the acquisition of capital assets and to recover depreciation accurately. This enables the inclusion of depreciation in billing rates. Proper management of capital asset purchases, deprecation requirements, and future funding for such purchases is key to upholding financial transparency and compliance.

Policies

Review the below policies related to capital asset purchases and allocation of depreciation:

Standards

Review the below standards related to capital asset purchases and allocation of depreciation:

Trees on site at IU Columbus.
Trees on site at IU Columbus.

Checklists

There are no checklists related to this portion of the book at this time. Please check back in the future!

TRAINING MATERIALS

Review the below training materials related to capital asset purchases and allocation of depreciation:

Fall berries bloom against a building at IU Kokomo.
Fall berries bloom against a building at IU Kokomo.

OTHER RELATED MATERIALS

Review the below other materials related to capital asset purchases and allocation of depreciation:

IU Financial system reports and procedures

Review the below IU financial system reports and procedures related to capital asset purchases and allocation of depreciation:

Image of Hawthorn Hall on the Indiana University Northwest campus.
Image of Hawthorn Hall on the Indiana University Northwest campus.

License

Recharge and Service Center Units Copyright © by The Trustees of Indiana University. All Rights Reserved.