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The description will be provided to the accounting specialist who will verify that the program contains end items that should be capitalized as GPP & E (based on the financial management regulations), and determine, based on accounting treatment, which items should be grouped together on one contract line item number in the contract. Second, he of she will determine which items should be grouped together on a contract line item number (CLIN) in the contract and which should be on separate CLINs based on the accounting treatment for the item(s). Some of our greatest fans should be the faculty, because if we're successful here, we're going to be able to grow that line item number to send more money to scholarships," Moos said. |
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