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PROPOSAL PROCESS E: NEW CERTIFICATE OF GRADUATE STUDY (COGS) OR CERTIFICATE OF ADVANCED GRADUATE STUDY (CARS) Use the following guidelines to propose either a new Certificate of Graduate Study (COGS)
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COGS at Rowan University refers to the 'Cost of Goods Sold' reporting, which tracks the direct costs attributable to the production of goods sold by the university's enterprises.
Departments or units within Rowan University that are involved in selling goods are required to file COGS, as they need to report the associated costs for inventory and sales for financial transparency.
To fill out COGS at Rowan University, you need to gather data on your inventory and sales, calculate the cost of products sold, and complete the official COGS reporting form provided by the university's finance or accounting department.
The purpose of COGS at Rowan University is to provide a clear picture of the expenses associated with the production and sale of goods, which helps in financial analysis and budgeting.
Information required on the COGS report includes total sales revenue, cost of inventory sold, beginning and ending inventory values, and any discrepancies that may affect the accounting records.
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