Inventory
Assisted Inventory
Assisted Inventory: Illinois State University is conducting
assisted inventories of the entire University on a 4-year cycle.
During an assisted inventory, a Property Control Specialist will
assist the department with their annual physical inventory.
Departments will be notified when they are scheduled for the assisted
inventory.
NOTE***
‘Unfound Inventory Statements’ will be
sent out to all departments who cannot locate inventory that meets a
criterion set by Property Control.
This equipment is typically high dollar, high risk for theft,
and recent purchases. The
department must complete the Unfound Inventory Statement including
an explanation as to why the equipment cannot be located.
The form is then signed and returned to Property Control for
filing.
All University property is subject to
scheduled and unscheduled internal and external audits.
Be prepared to provide all inventory for verification.
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