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Does anyone know how Mizzou accounts for fixed assets?

Posted on: June 3, 2022 at 16:41:56 CT
ScottsdaleTiger MU
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When I wrote the original post I was thinking that public and private entities would follow the same accountng rules for handling assets. After reflecting on this subject, I've concluded that's almost certainly not the case and my inquiry is moot.

Sorry.



Edited by ScottsdaleTiger at 06:18:41 on 06/04/22
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Does anyone know how Mizzou accounts for fixed assets? - ScottsdaleTiger MU - 6/3 16:41:56
     You Shack-killing SOB (nm) - Tigrrrr! MU - 6/4 07:55:10
     Ooooh, I love it when you talk accounting. Just kidding... - Deputy Dawg MU - 6/3 18:34:16
     typical method ... - tmcats KSU - 6/3 16:53:46
          WADR: Mizzou doesn't seem to do it that way - ScottsdaleTiger MU - 6/3 19:44:18
               mizzou athletics is not transparent with financials .. - tmcats KSU - 6/3 22:02:16
                    Bingo(nm) - DevilsAdvocate KC - 6/4 13:45:47
               They write it off - colonel angus beef KC - 6/3 20:36:28
                    it has to be accounted for regardless how ... - tmcats KSU - 6/3 22:03:24
                         I think he was alluding to this scene - lqf2b8 MU - 6/4 10:29:40
                              Correct. Also, if something its a write off that necessarily - colonel angus beef KC - 6/5 10:48:20
     Why do you ask? (nm) - JeffB MU - 6/3 16:50:40
          Generally Accepted Accounting Principles - ScottsdaleTiger MU - 6/4 00:21:36
               The university is not a business - BigDave MU - 6/4 06:12:19
                    Furthermore, the athletic department is a separate legal - TigerNuts KC - 6/4 13:08:26
                    Thank you, after some thought I came to that conclusion - nm - ScottsdaleTiger MU - 6/4 06:21:52
                         Harder to follow. Don’t know why athletics isn't treated - DevilsAdvocate KC - 6/4 13:48:36




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