Accounting and Reporting
Asset Management
Asset Management oversees the accounting and inventory of ±«Óãtv-owned assets. An asset is defined as a tangible item, such as furniture, fixtures, and equipment, that costs an amount equal to or greater than the capitalization threshold as defined in the Asset Manual and has a useful life of at least one year. Responsibilities and guidelines are established by the Florida Board of Governors.
Asset Inventory
Additionally, the asset inventory staff is responsible for the physical inventory of all university fixed assets. The university community is divided into eight inventory groups to facilitate this process. The asset office publishes an inventory schedule for all groups. The staff also identifies and tags all new capitalized university equipment.
Transfer and Relief Request Documentation
These are the forms to initiate actions within the Asset Management process. To use this process, whether as a submitter or an approver, you must have the INQUIRER security role. If you do not have the INQUIRER role you will need to submit a security request. The FAST security request form is located on the University Controller's Website: About UCO > Forms > Access: FAST Security and Workflow.