scope:

Purpose:

In accordance with the authority in DoD Directive 5134.01 and the July 13, 2018 Deputy Secretary of Defense Memorandum, this issuance:

• Establishes policy, assigns responsibilities, and provides requirements and procedures for accounting for tangible DoD equipment and other accountable property in accordance with Title 40, United States Code (U.S.C.), and Section 901 of Title 31, U.S.C.

• Outlines requirements that reflect the accountability perspective of property management; this supports the lifecycle management of items including the documentation of lifecycle events and transactions.

• Helps DoD property managers, accounting and financial managers, and other officials understand their roles and responsibilities.

• Complements the accounting and financial reporting requirements in DoD 7000.14-R.