Lifecycle · The disposal procedure · Element
The record closure
Updating the register, the accounts and anything that referenced the asset.
The part
What it is
The step that is always skipped, which is why registers drift and why decommissioned assets appear in the next audit.
Anything referencing the asset — dependency maps, documentation, monitoring — needs updating too, and that is the part nobody owns.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.
Records updated
Which records were closed, including things that referenced the asset.
Reference shared type