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Asset Class

Definition overview

1 Definition

A grouping of Assets of a similar nature and use that are disclosed as a single category in the Statement of Financial Position; e.g. Land, Buildings, Infrastructure, Plant and Equipment, Motor Vehicles, Computing Equipment, Leasehold Improvements, Art Collection, Work in Progress.

2 References

UniSQ Defined.

3 Definition Information

Approved Date


Effective Date


Record No


Complying with the law and observing Policy and Procedure is a condition of working and/or studying at the University.

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