Asset management

The Asset Management Unit within the Procurement Directorate had been set with the aim of centralising the management of assets at UM.

Due to the complex nature of such a large institution as the University of Malta, whereby hundreds of different items are bought on a daily basis, it is difficult to devise hard and fast rules in order to determine what constitutes a fixed asset. Generally speaking, fixed assets are those items which are not consumed and are expected to last for more than a year.

However, due to the vast range of items which are bought we understand that one may be unsure whether specific items require a fixed asset code. In such situations we suggest you contact us in order to discuss the matter in detail.

Download the documents you require:
Asset Management Procedures    
Inventory Job Sheet Sample    


https://www.um.edu.mt/finance/procurement/assetmanagement