College of Administration and Economics Completes Inventory of Assets in Accordance with Approved Financial Regulations

The Inventory Committee at the College of Administration and Economics commenced its work pursuant to the administrative order issued by the Deanship of the College, with the objective of identifying and documenting all assets, equipment, and supplies belonging to the academic departments, divisions, and administrative units.

The Committee carried out its duties in accordance with a defined timeline, which included conducting comprehensive on-site inspections, reconciling physical assets with official records and custody lists, and verifying the condition of assets while updating their data in line with approved administrative and financial requirements.

Upon the completion of its tasks, the Committee prepared a final report outlining the results of the inventory and reconciliation process, along with a set of observations and recommendations necessary to address any potential discrepancies. The report has been formally submitted to the Deanship of the College for due approval.

The Committee affirmed that the inventory process was conducted with a high degree of accuracy and in full compliance with the applicable financial regulations and instructions, thereby reinforcing principles of transparency and sound administrative governance within the College.