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Use of Restricted Resources Policy

 

West Virginia University Policy
Division of Administration and Finance

Policy Number: IARA-09
USE OF RESTRICTED RESOURCES POLICY

General Information

Reason For This Procedure:

 

To Whom Does This Procedure Apply:  

Definitions

Restricted Resources

Net assets are considered restricted when constraints placed on their use are either: (a) externally imposed by creditors, grantors, contributors, or laws and regulations of other governments or (b) imposed by law through constitutional provisions or enabling legislation.

 

Procedure                            

Responsibilities

 

Procedure Development

Implementation

Interpretation

Contacts

Additional information or questions regarding this procedure can be obtained by contacting Institutional Accounting, Reporting and Analysis at 304.293.4008.

 

 

Originally Issued: July 1, 2010
Updated: February 8, 2016
Approved by: Daniel A. Durbin, Senior Associate Vice President for Finance