ROWAN UNIVERSITY POLICY
Title: Disposal of Fixed Assets
Subject: Accounting Services
Policy No: FIN: 2014:01
Issuing Authority: President
Responsible Officer: Senior Vice President for Finance and CFO
Last Reviewed: 11/20/2020
This policy provides guidelines for the transfer, storage, disposal, or sale of surplus University assets in order to ensure compliance with all grant/contract sponsors’ and the University’s requirements. The policy also assigns authority and responsibilities related to implementing, maintaining, and monitoring internal control over University assets.