Optimizing Effectiveness of Government Asset Disposal: Employee Insights on Property Determination, Appraisal and Documentation

This research assesses the effectiveness of government asset handling procedures in the most critical indicators of disposal of property maintenance, inspection and valuation, and government property record keeping. Using descriptive research method through validated survey, this study chose employees of local government who are non-accountants but are tasked to conduct appraisal management. The results demonstrates the best practice that there is a list of assets held on hand for disposal that is up to date and matches the actual assets in custody. This means that the employees keep records of available and out-of-order assets with the expectation of disposal. However, it suggests a critical requirement for periodic and regular checking of inventories to ensure up-to-date and accurate records. Although staff are sensitive to the legal procedures while appraising and valuing, there is still room for improvement through focused training and capacity building. At inspection and appraisal section, staff demonstrate eagerness about deriving detailed information to support asset valuations. But physical existence and current condition determination shows the need for periodic and timely asset verification. However, variations persist in submitting proper inventory reports with detailed descriptions and correct computation in appraisal reports. Thus, findings indicate more technical capability and complete guidelines to facilitate little disparity and auditor problems. Overall, the study recommends local government units to conduct more systematic, standardized, and timely policies of disposal and divestment of assets. These reforms are necessary in a bid to attain the optimal utilization of assets, guarantee compliance with regulations, and foster efficient management of government assets and properties.