scope:

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.

e. Identifies the categories of property and the accounting procedures to be used with each.

f. Identifies the basic procedures for operating a property account.

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

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

i. Prescribes the accounting procedures to be used when Department of the Army (DA) 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.

j. Prescribed the procedures for accounting for losses during military operations other than war (MOOTW).

k. Implements DA policy for integration and use of automatic identification technology (AIT) concerning procedures in accounting for Army property.

This regulation applies to the Active Army, the Army National Guard of the United States, the Army National Guard, and the U.S. Army Reserve. During mobilization, the proponent may modify chapters and policies contained in this regulation.