Asset management
Management of the Office’s assets is governed by internal instructions on asset management and aligns with government best practice. The Office maintains an asset register and a capital management plan. An annual stocktake is performed and frequent revaluation exercises are undertaken to maintain the accuracy of the information in the asset register and reported in the financial statements. The Office’s fixed assets include office fit outs, purchased software and leasehold improvements.
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https://www.transparency.gov.au/annual-reports/office-inspector-general-intelligence-and-security/reporting-year/2019-20-11