Business Assets · Asset register · Component
The review record
When the register was last checked against reality, what was found, and what was corrected.
The deliverable
What it is
Registers decay silently. Assets are disposed of, moved, replaced and forgotten, and none of those events reliably reaches whoever maintains the list.
The discrepancy rate found at each review is the most useful output, because it tells you how much to trust the register between reviews.
One level in
What it is made of
Each element is a constituent part of the component. Follow one to see the attributes it carries.
The verification
What was checked, by whom, and against what.
3 attributes: Verified · Verified by · Coverage
LearnThe discrepancies
What was found that did not match the register.
3 attributes: Discrepancy type · Count · Reason
LearnThe corrections
What was changed as a result, including changes to the process.
3 attributes: Correction · Process change · Next review
Learn
Set the next review interval from the error rate you found, not from convention.
The other components in asset register
The register
The list itself — every asset with an owner, a location and a category that leaves room for the things that were never bought.
LearnThe intangible schedule
The assets with no purchase price — data, documentation, domains, accumulated models — which are frequently the most valuable and the least tracked.
Learn