Designation:E2605−13StandardPracticeforReceivingAssets1ThisstandardisissuedunderthefixeddesignationE2605;thenumberimmediatelyfollowingthedesignationindicatestheyearoforiginaladoptionor,inthecaseofrevision,theyearoflastrevision.Anumberinparenthesesindicatestheyearoflastreapproval.Asuperscriptepsilon(´)indicatesaneditorialchangesincethelastrevisionorreapproval.1.Scope1.1Thispracticecoverstheprocessforverifying,recording,andreportingreceiptofassets(thatis,equipment,supplies,andmaterial).1.2Entitiesuseavarietyofmeanstodocumentthereceiptofassets.Thispracticedetailsthefundamentalconceptsofthereceivingprocess.1.3Thisstandarddoesnotpurporttoaddressallofthesafetyconcerns,ifany,associatedwithitsuse.Itistheresponsibilityoftheuserofthisstandardtoestablishappro-priatesafetyandhealthpracticesanddeterminetheapplica-bilityofregulatorylimitationspriortouse.2.ReferencedDocuments2.1ASTMStandards:2E2135TerminologyforPropertyandAssetManagement3.Terminology3.1Definitions—Fordefinitionsrelatingtoassetmanagement,refertoTerminologyE2135.3.2receipt,n—acknowledgementofassetsreceived.3.3system,n—methodorsetofproceduresforachievingsomething.4.SignificanceandUse4.1Itistheintentoftheseprinciplesinthispracticetoprovideguidanceforaneffectiveandefficientsystemforreceivingassets.4.2Theseprinciplesareapplicabletoanyorganizationalstructureoranypositionhavingtheresponsibilityforreceivingassetsonbehalfoftheirentity.5.ProcedureforReceivingIncomingTangibleAssets5.1Ensureincomingassetsarenotvisiblydamagedandisaccuratelydocumented.5.2Examinetheshipmenttoconfirmthatitisproperlyaddressedandduetothereceivingactivityandensurethereisnoexternaldamageorvisibletamperingtotheshippingcontainer(s).5.2.1Intheeventthatdamageisdetectedinthepackingmaterialorthereisreasonablecertaintytheassetisphysicallydamaged,orboth,notifytheappropriateorganization,docu-mentthedamage,andacquirethecarrier’sacknowledgementconcerningthedamagebeforeallowingthecarriertodepart(dependingonthecarrier,thismaybethroughwrittendocu-mentation...
