For recording and managing assets you need and Inventory of Assets. Information and information processing, storing and transmitting devices are identified and an inventory of these assets is drawn up and maintained. For each asset, at least the following, is recorded • The asset name • The asset owner • The importance of the asset • The classification of the asset For physical assets additionally, at least the following is recorded • Asset number • Serial number • Whether in use • Last checked by and date • What the asset does