>From what Jackie stated, and you said again Karl, that to me sounds like if we have built software to do something, that is what they are referring to.
Our Business Manager is in Europe right now, and I don't think really cares so much. I think he is also hoping for another volcano eruption, so he can be there a while longer!!! -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Karl Hehr Sent: Thursday, May 27, 2010 2:22 PM To: [email protected] Subject: Re: [info-tech] Intangible Asset Policy So the big question is, is the threshold the TOTAL or is it PER title. Another thing to remember, is according to what I read in GASB 51 the Website, if developed in house is considered an internally developed software. I also know the board needs to have a policy in place by July 1. :) Karl H. Hehr Technology/Curriculum Director South Hamilton CSD www.s-hamilton.k12.ia.us 515.827.5418 (W) 515.209.9767 (C) 515.827.5368 (F) Luddite by Degrees 1) Anything that is in the world when you're born is normal and ordinary and is just a natural part of the way the world works. 2) Anything that's invented between when you're 15 and 35 is new and exciting and revolutionary and you can probably get a career in it. 3) Anything invented after you're 35 is again the natural order of things --- Douglas Adams On May 27, 2010, at 2:18 PM, Jackie Fonley wrote: > Here is what our business manager sent me yesterday about this: > > I forgot to tell you about the next fun thing we (Business Managers) > get to report for this year! This one is called GASB 51 and it has > to do with intangible assets. Basically what I need to know is if > we have any software that we use that is internally generated. And, > if so, a dollar amount on that software :) > Then, we have to come up with a cost for all the other computer > software. The Board will have to adopt a board policy that has a > threshhold for that software. > > > > On May 27, 2010, at 2:03 PM, Karl Hehr wrote: > >> >> I was just asked by my business secretary, about an INtangible >> Assest policy. Apparently there is a policy at the state level >> relating to asset tagging software, and all non-tangible tech (see >> also: Webpage). I was wondering if any of you have heard about >> this, or is this something we can all look forward too in the fall? >> >> Karl H. Hehr >> Technology/Curriculum Director >> South Hamilton CSD >> www.s-hamilton.k12.ia.us >> 515.827.5418 (W) >> 515.209.9767 (C) >> 515.827.5368 (F) >> >> >> Luddite by Degrees >> 1) Anything that is in the world when you're born is normal and >> ordinary and is just a natural part of the way the world works. >> 2) Anything that's invented between when you're 15 and 35 is new >> and exciting and revolutionary and you can probably get a career in >> it. >> 3) Anything invented after you're 35 is again the natural order of >> things >> --- Douglas Adams >> >> >> >> >> >> --- >> [This E-mail scanned for viruses by Declude Virus on the server >> aea8.k12.ia.us] >> >> --------------------------------------------------------- >> Archived messages from this list can be found at: >> http://www.mail-archive.com/[email protected]/ >> --------------------------------------------------------- > > > --- > [This E-mail scanned for viruses by Declude Virus on the server > aea8.k12.ia.us] > > --------------------------------------------------------- > Archived messages from this list can be found at: > http://www.mail-archive.com/[email protected]/ > --------------------------------------------------------- --- [This E-mail scanned for viruses by Declude Virus on the server aea8.k12.ia.us] --------------------------------------------------------- Archived messages from this list can be found at: http://www.mail-archive.com/[email protected]/ --------------------------------------------------------- --- [This E-mail scanned for viruses by Declude Virus on the server aea8.k12.ia.us] --------------------------------------------------------- Archived messages from this list can be found at: http://www.mail-archive.com/[email protected]/ ---------------------------------------------------------
