Asset Register

 

Overview

  • Tracked by the governance plan to ensure at least an annual review of the condition of each asset to offset avoidable costs due to lack of maintenance.
  • Records the current location of assets which can moved i.e. benches.
  • Records the initial cost and current value of each asset to support the Annual Financial Statement.
  • Support of insurance claims in the event of theft or damage.
  • Demonstrates due diligence with regard to publicly funded assets.
  • Ensure each item is recorded correctly in the insurance policy.
    A summary of the asset register can be found  Here