Inventory Results & Reports
 
Results of a physical inventory are posted to the property record and reports are generated within 30 days after the completion of the reconciliation period. After analyzing the results for each inventory, corrective actions for property administration practices may apply and the PSR for that group, along with the PMO Director, will work with each area to correct these problems. Positive recognition is given to those DPAs and areas that meet the performance objectives in an inventory.
Report distribution may include, but is not limited to, the following:
- Accountable department
- Principal Investigator (where applicable)
- Sponsor or cognizant agency
- Controller’s Office
- Dean or equivalent area Vice President
- Associate VP for Research Administration
- Risk Management, as appropriate
- Stanford Police Department (missing items only)
- PMO physical inventory file
Content and format of reports may vary, depending on the needs of the receiving department, the sponsor, or the cognizant agency. Almost exclusively, reports of physical inventory for property accountable to federal contracts are reported on an award-by-award basis. Additional details on inventory reporting may be found in the Reports Chapter of this manual.
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MAJOR TOPICS 
