Assignment/Accounting
When organizations purchase millions of dollars worth of assets, they must track asset locations for auditing and compliance with regulations and policies. The assignment/accounting process deals with the allocation and tracking of these assets within the organization.
During the assignment process, hardware, software, and data resources are allocated to the correct parties. Accounting or accountability extends to tracking asset usage, maintenance, and security, and ultimately contributes to effective asset management and data protection. The major elements of asset assignment and accounting are as follows:
- Asset register: An asset register is a comprehensive record of an organization’s assets, including details such as location, value, and ownership. It is vital that any asset that an organization procures is added to the asset register to ensure all assets are accounted for. If an asset found on your network is not in the asset register, then...
