The Capital Asset Accounting Procedures encompass guidelines for managing capital equipment, including listing, capitalization, disposition, and inventory. They define responsibilities, policies for fabricating equipment, plant fund management, and asset ownership. These procedures ensure proper tracking, maintenance, and accountability of capital assets throughout their lifecycle at Lehigh University.

Controller's Office

Contact Info

Office Location306 S New St, Suite 451, Bethlehem, PA 18015

Phone610.758.3143

Emailinctr@lehigh.edu

Overview Content

The Capital Asset Accounting Procedures encompass guidelines for managing capital equipment, including listing, capitalization, disposition, and inventory. They define responsibilities, policies for fabricating equipment, plant fund management, and asset ownership. These procedures ensure proper tracking, maintenance, and accountability of capital assets throughout their lifecycle at Lehigh University.

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