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University Finance and Administration

Equipment & Vehicle Audits

Property Management performs biennial audits (every two years) of each university department and will notify departments of the audits by memo approximately two weeks before they begin. Prior to audit initiation, Property Management will meet with departments to explain the audit procedures.

After an audit has been completed, equipment that is not located and missing disposal documentation will be included in a report for the department head to review and sign. Equipment on this list will be removed from the department inventory.