What Does PARS Stand For?
PARS stands for Property Accountability Record System
The Property Accountability Record System (PARS) is a comprehensive management tool designed to track and maintain accurate records of assets within an organization. It facilitates efficient inventory management, enhances accountability, and ensures compliance with regulatory standards by providing a systematic approach to asset tracking, reporting, and analysis. PARS is essential for optimizing resource allocation and minimizing losses through effective oversight of property and equipment.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym