scope:

Purpose.

Under the authority of references (a) and (b), this instruction:

a. Establishes the overarching Department of the Navy (DON) policy for accountability and management policy of General Equipment (GE).

b. Assigns roles and responsibilities within the DON for accountability and management all DON GE (see enclosure (2)).

c. Aligns DON policies for GE with Federal regulations, Federal accounting standards, and Department of Defense (DoD) and DON policies for property accountability and management.

d. Provides a framework for financial and physical accountability and management of GE to support warfighter readiness, financial reporting and auditability requirements.

e. Establishes standard taxonomy for GE (see enclosures (3) through (5)).