What is it?
An asset is an accounting term which describes an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and has a positive value is considered an asset.
Why is it important?
The tangible assets at Carleton include inventory, buildings and equipment. Intangible assets include copyrights, patents and computer programs.
Where do I find more information?
The value of Carleton University’s assets can be found on the Audited Financial Statements.