- Knowledge Base
- Capital Assets
Learn the required steps for transferring or trading in tagged capital equipment. This includes notifying the Capital Asset Team when equipment changes location, custodian, or institution, and obtaining necessary approvals for external transfers or trade-ins.
- Knowledge Base
- Capital Assets
Capital assets are recorded at historical cost, including necessary expenses like installation and freight. Mines applies standard cost thresholds and useful lives based on experience, though alternate useful lives may be approved by the Controller with supporting documentation.