ROWAN UNIVERSITY POLICY 

Title: Disposal of Fixed Assets
Subject:  Accounting Services                                  
Policy No: FIN: 2014:01                                                                   
Applies: University-Wide       
Issuing Authority:   President
Responsible Officer:   Senior Vice President for Finance and CFO
Adopted:  01/01/2014
Last Revision:

...

12/

...

23/

...

2020
Last Reviewed: 11/20/2020

I. PURPOSE 

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.

...