Annual Physical Inventory Count

Annual Physical Inventory Count

A physical inventory of all fixed assets is done at least once a year during the Fall. Sometimes it is necessary to do an inventory count more than once a year in certain areas for various reasons.

Department heads and personnel should not feel intimidated or singled out because of the inventory count. The physical count helps to maintain accurate records and accountability of University assets.

Ideally each department should assign one individual who is very familiar with the capital assets of the department to assist with the annual inventory count.

To obtain a list of your Department's Fixed Asset Inventory please click on the link below for directions.

View of Department Assets Procedures