Required Asset Inventory

Staff   Asset Management

Overview

The University of Florida conducts an annual inventory of capital assets to ensure proper tracking and compliance with state regulations. Asset Management oversees this process, assisting departments in verifying and documenting university-owned property.

 

Stock and Liquidating of Inventories

The University of Florida manages inventory stocking based on repetitive usage, economic advantage, or service needs that cannot be fulfilled through direct supplier shipments. When inventory becomes obsolete or damaged, a higher-level review is required before authorization for disposition and write-off. This process is separate from equipment tracking—for related inquiries, please contact UF Auxiliary Accounting.