{"id":207731,"date":"2024-10-19T13:22:56","date_gmt":"2024-10-19T13:22:56","guid":{"rendered":"https:\/\/pdfstandards.shop\/product\/uncategorized\/astm-e2219\/"},"modified":"2024-10-25T06:04:39","modified_gmt":"2024-10-25T06:04:39","slug":"astm-e2219","status":"publish","type":"product","link":"https:\/\/pdfstandards.shop\/product\/publishers\/astm\/astm-e2219\/","title":{"rendered":"ASTM-E2219"},"content":{"rendered":"

ASTM E2219-02<\/h3>\n

Withdrawn Standard: Standard Practice for Valuation and Management of Moveable, Durable Property (Withdrawn 2009)<\/h4>\n
\n

ASTM E2219<\/h4>\n

Scope<\/strong><\/p>\n

1.1 This practice covers the assignment of a value to property that provides an economic and logical basis for efficient and cost-effective property management. This value should be the basis for allocating resources and developing and improving systems and processes for the acquisition, control, accounting and disposal of such property.<\/p>\n

1.2 While acquisition cost and depreciation of property are useful and appropriate for financial accounting and reporting purposes, this information does not reflect the value of property to an organization or the costs and other damages the organization would incur if the property were lost, damaged, destroyed, or inappropriately released or handled. This financial information is therefore inadequate for property management purposes.<\/p>\n

1.3 The degree to which property is controlled and the cost of that control must be reasonable and commensurate with the practical consequences of both a shortage; that is, the property not being available when needed due to loss, damage or destruction; or an overage; that is, maintaining inventories of excess property.<\/p>\n

1.4 The valuation of property for the purposes of management and control is to be based upon the risks and costs of shortages and overages as well as the cost of owning property.<\/p>\n

Keywords<\/strong><\/p>\n

category; control cost ration; control ratio; efficiency factor; historical risk; inventory ; profit; property; risk management; shortage; threshold ratios; valuation<\/p>\n

ICS Code<\/strong><\/p>\n

ICS Number Code 03.100.01 (Company organization and management in general)<\/p>\n

DOI:<\/strong> 10.1520\/E2219-02<\/p>\n<\/div>\n

PDF Catalog<\/h4>\n\n\n\n\n\n
PDF Pages<\/th>\nPDF Title<\/th>\n<\/tr>\n
1<\/td>\nScope
Referenced Documents
Terminology <\/td>\n<\/tr>\n
2<\/td>\nSignificance and Use
Procedure
Determination of Historical Risk
Calculation of the Historical Loss Liability Factor
Acceptable Property Management Control Ratios
Identification of Inventory by Category <\/td>\n<\/tr>\n
3<\/td>\nCalculation of the Property Management Efficiency Factor
Risk-Based Management
Acceptable Management and Control Cost Allocation Ratios
Summary
Keywords <\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

E2219-02 Standard Practice for Valuation and Management of Moveable, Durable Property (Withdrawn 2009)<\/b><\/p>\n\n\n\n\n
Published By<\/td>\nPublication Date<\/td>\nNumber of Pages<\/td>\n<\/tr>\n
ASTM<\/b><\/a><\/td>\n2002<\/td>\n3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"featured_media":207737,"template":"","meta":{"rank_math_lock_modified_date":false,"ep_exclude_from_search":false},"product_cat":[83,2637],"product_tag":[],"class_list":{"0":"post-207731","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-03-100-01","7":"product_cat-astm","9":"first","10":"instock","11":"sold-individually","12":"shipping-taxable","13":"purchasable","14":"product-type-simple"},"_links":{"self":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product\/207731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/types\/product"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/media\/207737"}],"wp:attachment":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/media?parent=207731"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product_cat?post=207731"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product_tag?post=207731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}