A lost asset report is filed when a company laptop, phone, card or other asset is lost or stolen. It captures what was lost, when and where, the police complaint details, and the urgent security steps IT took, such as remote lock, wipe and password resets, to protect company data.
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Frequently asked questions
What should an employee do immediately after losing a company laptop?+
Inform IT and the manager at once so the device can be locked or wiped, reset passwords if asked, and file a police complaint in case of theft, sharing a copy with the company.
Is a police complaint needed for a lost company phone?+
For theft, companies and insurers usually ask for a police complaint. For loss, follow your company policy and local police practice for lost property reports.
Will the employee have to pay for a lost asset?+
That is decided separately as per the asset policy, considering the circumstances, negligence, insurance and the employee's explanation.