Updated: March 27, 2026

Government Asset Management Compliance Checklist

Public-sector asset governance fails when controls are inconsistent across ministries, departments, and agencies. Standardize these checkpoints first.

Governance Baseline

• Formal asset policy with role and approval matrix
• Asset coding and categorization standards across institutions
• Mandatory verification cycles with signed accountability
• Disposal workflow with approvals and evidence retention

Audit Evidence Requirements

• Immutable audit log for every asset lifecycle event
• Movement history by location and custodian
• Depreciation and impairment reports by reporting period
• Exception register for missing and disputed assets

Performance KPIs

• Verified-to-recorded ratio per institution
• Time to resolve discrepancies
• Disposal cycle time and documentation completeness
• Budget variance tied to asset utilization