State Asset Loss Reporting – Training on CO-853 Forms Webinar
Per CGS Sec 4-33a Illegal, irregular or unsafe handling of state or quasi-public agency funds. Breakdown in safekeeping of agency resources. Breach of security. Notification. Agencies are required to promptly report any adjustment or loss of state-owned assets upon discovery. In July 2024, pursuant to Memorandum No. 2024-14, the Office of the State Comptroller implemented new CO-853 forms and procedures for reporting adjustments to state-owned assets.
Recently, the CO-853 forms, which are available on the Office of the State Comptroller’s website, were updated to include several minor revisions. Since the release of these forms, some agencies have experienced some difficulty understanding the reporting process and the proper completion of the forms.
To provide clarification and guidance, the Office of the State Comptroller will be hosting a training webinar to review the reporting process and walk through each of the CO-853 forms in detail. This session is intended to help agencies better understand the requirements and ensure accurate and timely reporting of adjustments or losses involving state-owned assets.
Below is the date and time of the scheduled webinar. We encourage all relevant personnel to attend. To register, please click the link below.
Webinar Date and Time: Tuesday, March 17, 2026 | 1:30pm-3:00pm
State Asset Loss Reporting – Training on Revised CO-853 Forms Webinar
Please forward this notification to the appropriate individuals within your agency who should attend.
If you have any questions regarding the webinar, please contact the Office of the State Comptroller, Central Accounts Payable Security and Asset Management at osc.CO-853@ct.gov.
Register for the State Asset Loss Reporting Training on CO-853 Forms Webinar
Read time: 6 minutes