2023-2025 Biennial Physical Verification of Capitalized Assets Begins April 1, 2023

April 1, 2023, begins the next biennial cycle for the physical inventory process. Department Finance Administrators and their Equipment Custodians should review the updated 2023-2025 Physical Inventory Custodian Schedule on the Controller’s Office website.

Additional guidance on performing physical verification of capital assets and Equipment Custodian responsibilities are available on the Controller's Office website. You should also review all pertinent policies, including BUS-29: Management and Control of University Equipment (opens in new window), and if appropriate, policies and guidelines for the funding agency.

If you have questions regarding the biennial physical inventory process, email [email protected].