Inventory Industry Organizations Create Joint Code of Ethics

The National Inventory Certification Association and The Inventory Institute established a combined Code of Ethics for the asset inventory industry.

Avon, IN, August 07, 2014 --( A months-long undertaking to determine an industry-wide Code of Ethics for the asset inventory industry is completed. The Directors of the National Inventory Certification Association (NICA) and the CEO of the Inventory Institute reviewed their previous individual standards of doing business and collectively established a Code of Ethics that both organizations now share.

"Though the two organizations’ standards for doing business were similar, we believe that since we work so closely together, with the effort to achieve cohesiveness and unity for the industry, that it made sense to establish one Code of Ethics for the industry overall," said Mike Hartman, NICA’s Executive Director.

This revised Code of Ethics was adopted in July, and implemented immediately by NICA. October 1st is the date the Inventory Institute has established as their effective date. The four categories reinforce the importance of Professionalism, Integrity, Confidentiality, and Customer Service. Once known as “home inventory” service, the industry has expanded to include proactive asset inventory services for businesses, RVs, motor homes, boats, and more. Expansion of this industry also includes loss inventories to assist homeowners after they experienced a fire, theft, or natural disaster.

Hartman concluded, "The Code of Ethics is the backbone of how an industry and its professionals choose to conduct business; these standards will play a guiding role for the individual business owners and also for the two industry-leading organizations as we move forward."

To further address the necessity of performing the inventory services according to these established standards of doing business, NICA, the approved education source for the Inventory Institute, is currently creating a Code of Ethics course that will be included in the certification process for all industry professionals who aspire to achieve and renew their Certified Inventory Specialist designation.

The newly adopted Code of Ethics, along with itemized descriptions of each key element, will be posted on both organizations' websites, along with detailed descriptions of each. This will establish the best business practices for all independent inventory service business owners and also for the industry as a whole.

About National Inventory Certification Association
The National Inventory Certification Association (NICA) provides certification and continuing professional education for home and business inventory professionals. Serving members and non-members alike, NICA helps ensure access to industry knowledge as well as business and professional development. For more information, visit, contact by phone at (717) 827-6422, or email

About The Inventory Institute
The Inventory Institute is the source for members, non-member inventory professionals, and consumers, providing reputable referrals, resources, partnerships, business coaching, marketing, PR, and standards for success for and within the asset inventory industry. For more information on the Inventory Institute, LLC, visit, contact by phone at (864) 751-1951, or via email at
National Inventory Certification Association
Cindy Hartman