Asset Acquistion Request Worksheet Template | RC1060-2

Asset Acquistion Request Worksheet Template

The Asset Acquistion Request Worksheet Template covers basic information, financial analysis, approvals, and more. The Capital Budget Committee should review and approve or disapprove each RC1060-2 ASSET ACQUISITION REQUEST/WORKSHEET based on:

• Return on investment (or other financial analysis criteria);
• Allocation and availability in the capital budget;
• Alignment with business plans;
• Associated risk; and
• Potential positive or negative impact on the business.

A Department Manager requesting use of the capital budget to purchase a capital asset should complete an Asset Acquisition Request/Worksheet. To request the purchase of a capital asset, the appropriate Department Manager should complete a request/worksheet (with the assistance of the CFO or other Finance Dept. representative) in order to request the purchase of a capital asset.

Completed RC1060-2 ASSET ACQUISITION REQUEST/WORKSHEET forms should be submitted to the CFO, who should review them to ensure they are thorough and correct, and seek additional information from the submitting Department Manager as required. The CFO should periodically (e.g., weekly) convent the Capital Budget Committee to review the submitted forms and approve, disapprove, or table requests (to gather more information, etc.).

Asset Acquistion Request Worksheet Template Details

Pages: 02
Words: 96
Format: Microsoft Word 2013 (.docx)
Language: English
Manual: Finance
Category: Raising Capital
Procedure: Asset Acquisition Procedure RC1060
Type: Worksheet

Related Documents

• RC1060-1 ASSET ACQUISITION CRITERIA