What is the difference between a missing asset and a stolen asset?
A “missing” asset is one that cannot be located during a department’s annual physical inventory. A “stolen” asset is one that cannot be located after a break, robbery or other criminal activity has taken place. Both types of assets require that the department fill out both an Accountability Release Form (AR 212) and a police report (including case number). Once these two reports have been completed, they must be sent to Property Accounting Services. A police report for a missing asset can be completed online at the FSU Police Department website. Missing assets will remain on the department’s inventory for two full fiscal years while attempts are made to locate them. Stolen assets are immediately deleted from the department’s inventory, and the department is no longer required to look for them.
