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ASTM E 2131 : 2016 : REDLINE

Current
Current

The latest, up-to-date edition.

Standard Practice for Addressing and Reporting Losses of Tangible Property
Available format(s)

PDF

Language(s)

English

Published date

03-05-2016

CONTAINED IN VOL. 04.12, 2016 Defines practice focuses on addressing and reporting losses of tangible property.

1.1This practice focuses on addressing and reporting losses of tangible property.

1.2Loss occurrences are key aspects of risk management. Projecting the possibility or probability of losses, discovering, disclosing, reporting, managing, and minimizing losses to a reasonable extent is a critical economic factor in the success of the owning or holding entity. This practice also establishes acceptable levels of losses.

1.3Losses are often discovered as a result of an occurrence, a physical inventory, property custodian or entity self-assessment, or external audit. An actual loss occurrence can be at any time during the property life cycle.

1.4Assessing and determining financial liability for losses is not addressed in this practice; such assessments are generally subject to individual contracts or other arrangements.

1.5This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.

Committee
E 53
DocumentType
Redline
Pages
4
PublisherName
American Society for Testing and Materials
Status
Current

ASTM E 2279 : 2015 Standard Practice for Establishing the Guiding Principles of Property Asset Management
ASTM E 2676:2009 Standard Practice for Tangible Property Mobility Index (MI)
ASTM E 2221 : 2002 Standard Practice for Administrative Control of Property (Withdrawn 2011)
ASTM E 2811 : 2017 : REDLINE Standard Practice for Management of Low Risk Property (LRP)
ASTM E 2379 : 2004 Standard Practice for Property Management for Career Development and Training (Withdrawn 2013)
ASTM E 2676 : 2009 : R2014 Standard Practice for Tangible Property Mobility Index (MI)
ASTM E 2219 : 2002 Standard Practice for Valuation and Management of Moveable, Durable Property (Withdrawn 2009)
ASTM E 2675 : 2009 : R2014 Standard Practice for Property Management System Outcomes
ASTM E 2675 : 2009 Standard Practice for Property Management System Outcomes
ASTM E 2132 : 2017 : REDLINE Standard Practice for Inventory Verification: Electronic and Physical Inventory of Assets

ISO 31000:2009 Risk management Principles and guidelines
ASTM E 2132 : 2017 : REDLINE Standard Practice for Inventory Verification: Electronic and Physical Inventory of Assets
ASTM E 3015 : 2015 Standard Guide for Management of Customer-Owned Property Assets in Possession of Supplier, Contractor or Subcontractor
ASTM E 2279 : 2015 Standard Practice for Establishing the Guiding Principles of Property Asset Management

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