Inventory
The University is required to maintain records of all real and
durable personal property under their control and report to
CMS.
To comply with these requirements, each piece of property
subject to inventory must be marked as University property with a
unique inventory number and added to the University Property Control
system.
Each piece of property is assigned to an inventory, which
designates the administrative unit responsible for tracking the
item's location and reporting to Property Control any changes in the
item's deposition.
A physical inventory is conducted annually by each department and
reported to Property Control.
Annual Physical Inventory
Assisted Physical Inventory
Unfound Equipment
|