Description
Current Inventory Reports do not identify the DEPRN Cd for each asset. This information is necessary to identify if an asset is required to be inventoried annually or triennially. As a result this does not allow the user to easily identify those assets as such in the report.
Recommended
Include the DEPRN CD for each asset listed on the Inventory Report.
Mission Critical
Mandated In accordance with DoDI 5000.64 and USD (C) FIAR Guidance, the Accountable Property System of Record will be the authoritative source for validating the existence, completeness, and valuation of an asset. Records must be current and reflect the current status, value, location, condition.
Benefits
The benefits of implementing this change would be reduced time and cost, improvements in accuracy and accountability, and making financial reporting more efficient.
Users
This with affect ALL users.
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