Finance & Funding
|
|
Asset ProtectionA club can own many items of equipment which can be valuable. Keeping an asset register will help guard against theft and may be useful in an insurance claim after burglary or a fire. An asset register should list items the club owns, like:
Record each item separately and include any installation costs, delivery fees or other costs that are incurred to make the asset useable. When disposing of an asset (either selling, throwing away or donating it), update the register with the date of disposal, amount, and method of disposal. An annual stock take should also be completed using the asset register to confirm each asset is still there and no theft or damage has occurred.
|