Capital Asset Management

Financial Affairs, Office of the Controller   |   Approved January 1, 2011

Purpose

Establish procedures and responsibilities to ensure the timely and accurate recording of Capital Assets and the performance of the capital equipment physical inventory. 

Applicability

Operational Units (schools, departments, divisions) and individuals involved in any process related to the acquisition, custody, disposition, and recordkeeping of UMB Capital Assets (real and personal property).

Instructions

Click the following link for instructions on Capital Asset Management:

Administration and Finance Policy and Procedure 2131 on Capital Asset Management

Downloads

Office of Research and Development Policy on Transfer of Equipment

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards