This class will provide an overview of the capital asset policy and thresholds. Topics covered include: What Cornell University considers a capital asset; the importance of keeping capital asset records current; sponsor-owned equipment; tagging assets; and working with the surplus and disposal processes. KFS topics include pre-asset tagging, asset edits, asset transfer, equipment loan/returns, asset fabrication, asset retirement, and the barcode inventory process. (This course replaces KFSCAM-600.)
Anyone in a service center role is required to complete the Accounting Certification Program within 18 months of employment and re-certify every 3 years.
The Accounting Certification Program (ACP) helps employees develop and enhance accounting skills and knowledge by providing an overview of the accounting function, as well as detailed training on the use of specific accounting tools and their associated policies and procedures. The ACP is constantly growing/changing. As core courses become available, you can take them individually and apply them to the certification.