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Policy: X.A.1 x (inactive)

Issued: October 31, 1996

Owner: Associate Comptroller, Financial Reporting and Analysis

Latest Review: February 18, 2000



For Current Policies:
Policy Table of Contents



1.0 Purpose

This policy describes the general guidelines for maintaining the University equipment inventory.

2.0 Policy [Top]

The University Property Accounting Section of the Department of Financial Reporting and Analysis is responsible for maintaining an accurate record of all inventoriable equipment in the possession of the University. To this end, it reviews all invoices for purchases of equipment to assure that the equipment is recorded in property records.

To keep the equipment inventory current, departments should promptly notify the Property Accounting Section, via the Equipment Inventory Change Request Form (P-1), when departments:

This policy applies to the following classes of equipment:

See also:

3.0 Definitions [Top]

4.0 References [Top]

5.0 Approvals and Revisions [Top]

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