The accounting standard of fixed assets is that the unit value is above 1 1,000 yuan, and the unit value of special equipment is above 1 and 500 yuan. The assets of public institutions include current assets, fixed assets, projects under construction, intangible assets and foreign investment. Fixed assets are generally divided into six categories: houses and structures, special equipment, general equipment, cultural relics and exhibits, books, archives, furniture, appliances, fittings, animals and plants. The detailed catalogue of fixed assets of industries and institutions shall be formulated by the competent department of the State Council and reported to the financial department of the relevant department for the record. Institutions shall make an inventory of fixed assets regularly or irregularly. A comprehensive inventory should be conducted before the end of the year to ensure that the accounts are consistent with the facts. The annual financial report submitted by the institution includes the balance sheet, income and expenditure statement, financial appropriation income and expenditure statement, fixed assets investment final statement and other main forms, relevant schedules and financial statements.

Financial rules of public institutions

Article 41

Fixed assets refer to assets with a service life of more than one year and a unit value of more than 65,438+0,000 yuan, and basically maintain the original material form during use. Although the unit value does not meet the prescribed standards, a large number of similar materials with a durable time of more than one year are managed as fixed assets.

The detailed catalogue of fixed assets of industries and institutions shall be formulated by the competent department of the State Council and reported to the financial department of the State Council for the record.