scope:

Purpose. This regulation-

a. Prescribes the basic policies and procedures in accounting for Army property.

b. Sets the requirement for formal property accounting within the Army.

c. Implements specific property accounting procedures.

d. Defines accountability and responsibility. Identifies the categories of property and the accounting procedures to be used with each. Identifies the basic procedures for operating a property account.

e. Provides the procedures for requesting waivers of property accounting requirements; the policy for offering rewards for the recovery of lost property; the procedures for implementing bonding requirements for the Reserve Officers' Training Corps (ROTC) property accounts and using insurance in lieu of bonding for junior ROTC property accounts.

f. Defines the command supply discipline program, its intent, and implementing procedures.

g. Prescribes the accounting procedures to be used when Department of the Army property is discovered lost, damaged, or destroyed through causes other than fair wear and tear. It provides authorized methods to obtain relief from property responsibility and accountability. It also prescribes the Department of the Army policy on such losses and financial liability.

h. Prescribes the procedures for accounting for losses during military operations other than war.

Applicability. This regulation applies to all elements of the U.S. Army and all U. S. Army property. It applies to the Army National Guard (ARNG) and the U.S. Army Reserve (USAR). It does not apply to relief actions for property processed per procedures prescribed by (C) AR 381-143. During mobilization, policies and procedures contained in this regulation may be modified by the Army Chief of Staff or by a staff element delegated by the Chief of Staff.