For the last nine fiscal years, the University Community has been asked to utilize the Fixed Asset Confirmation Tool to complete the annual fixed asset confirmations process. On Wednesday, June 11, ...

Fixed assets go on the "long-term resources" section of a balance sheet, similar to accumulated depreciation -- a contra-asset account that reduces the worth of the corresponding fixed asset.

The fixed asset custodian plays an important role in maintaining the accuracy of the data contained within the University's fixed asset system.