The responsibility for preparing and maintaining an asset register may fall under different roles within an organization, depending on its size and structure:
Finance or Accounting Department – records and updates information on assets such as buildings, land, vehicles, equipment, furniture, and other tangible assets, as well as intangible assets such as patents, trademarks, copyrights, and software
Asset Management Department – oversees the acquisition, utilization, maintenance, and disposal of assets
Facilities or Property Management Department – prepares and maintains an asset register that includes buildings, land, and related assets
IT or Technology Department – maintains an asset register specifically for technology assets, such as hardware, software, and other IT infrastructure