Buildings, vehicles, plant, equipment and networks absorb much of an organisation's capital, yet many cannot say what they own, where it is or what it costs to keep running. Over five days, participants learn to bring physical and financial records together and manage assets from acquisition to disposal. Sessions cover building a complete fixed asset register, tagging and physical verification, capitalisation policies, depreciation methods, revaluation and impairment under IFRS and IPSAS, and handling of disposals and write-offs.
The second half moves from accounting to management. You work through the ISO 55000 family, the requirements of ISO 55001, asset management policy, strategic asset management plans, risk-based prioritisation, lifecycle costing, maintenance strategies and performance indicators. Finance managers, accountants, internal auditors, asset and facilities managers, engineers, procurement officers and public sector officials responsible for state property will benefit. Delivery is classroom, online or in-house, with a CPD-accredited certificate for completed work. Afterwards you can reconcile an asset register to the ledger, justify replacement decisions with lifecycle cost evidence and draft an asset management plan that auditors and boards understand.
Poor asset records are among the most common audit findings in government bodies, NGOs and private companies alike. Assets are missing, double counted, held at the wrong value or kept long after they stopped being useful, while maintenance backlogs quietly grow. The consequences range from qualified audit opinions to unexpected equipment failures and service interruptions.
This programme joins the two sides of the subject that are normally taught apart. The first part concerns the fixed asset cycle: capitalisation, recording, coding, tagging, verification exercises, depreciation, impairment, transfers and disposal. The second part introduces the asset management system described in ISO 55001, including policy, objectives, risk and opportunity assessment, lifecycle planning, operational control, performance evaluation and continual improvement.
Participants work on sample registers containing deliberate errors, calculate depreciation under different methods and compare lifecycle costs of repair against replacement. The closing sessions bring the material together, with extra attention to audit evidence and board reporting, in an improvement roadmap that each participant tailors to their own institution and presents for peer comment.
On completion, participants will be able to:
Participants carry away:
The programme balances accounting technique with management practice. It uses:
Day 1: Principles of Fixed Asset Control
Day 2: Recording, Verification and Reconciliation
Day 3: Depreciation, Revaluation, Impairment and Disposal
Day 4: ISO 55001 and the Asset Management System
Day 5: Lifecycle Management and Performance
The course serves staff who record, control or make decisions about physical assets, among them:
Vision Reach Global Consultancy issues a CPD-accredited Certificate of Completion to participants who take part in all sessions and complete the exercises. The certificate records attendance and the practical work done.
Upcoming cohorts
CPD-Accredited
Official invoice & confirmation letter provided
Team discount for 3+ seats
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Everything you need to know about this course before you register.
By the end of the Applied Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to design and populate a fixed asset register with the data fields needed for accounting and maintenance, plan and run a physical asset verification and reconcile the results to the general ledger, apply capitalisation, depreciation, revaluation and impairment rules consistently, and explain the structure and requirements of iso 55001 and how they fit an organisation's context. The full breakdown of topics is covered session by session in the Course Outline tab above.
The course serves staff who record, control or make decisions about physical assets, among them: Finance managers, accountants and fixed asset accountants, Internal auditors and external audit staff, Asset managers, facilities managers and estate officers, Maintenance, plant and fleet managers, Procurement and stores officers, Public finance officers in ministries, counties and state corporations, NGO finance and operations managers handling donor-funded assets, and Engineers preparing capital and maintenance plans.
Applied Asset Management (Fixed Assets, ISO 55001) Training Course typically runs as 5 Days. It's available as in-person classroom, live virtual, and in-house corporate training — every course can also be delivered on-site for your team on dates that suit you.
Applied Asset Management (Fixed Assets, ISO 55001) Training Course is scheduled in-classroom in Nairobi, Kenya, Mombasa, Kenya, Naivasha, Kenya, and Kisumu, Kenya, and 14 other locations, plus a live interactive virtual classroom you can join from anywhere. Check the schedule panel above for exact upcoming dates and fees in each location.
The next live virtual cohort of Applied Asset Management (Fixed Assets, ISO 55001) starts October 26, 2026, with new classroom cohorts also running on a rolling basis. Pick a date and location in the schedule panel above, then click "Register for the Course" — it takes a few minutes and your seat is confirmed once payment or a signed purchase order is received.
Yes — delegates who meet the attendance requirement receive a Certificate of Completion for Applied Asset Management (Fixed Assets, ISO 55001) Training Course from Vision Reach Global Consultancy, issued in the name you register with, so double-check the spelling at checkout.
Applied Asset Management (Fixed Assets, ISO 55001) Training Course is pitched at intermediate professionals. If you're unsure whether it's the right fit for your current role or background, message our training advisors before you register and they'll help you confirm.
Fees for Applied Asset Management (Fixed Assets, ISO 55001) Training Course vary by delivery location and format and are shown in real time in the schedule panel above once you pick a date. Register 3 or more delegates on the same course together and a 5% team discount is applied automatically — larger cohorts can request a custom corporate quote.
Yes — Applied Asset Management (Fixed Assets, ISO 55001) Training Course can be delivered on-site at your offices (or virtually for distributed teams), with case studies and examples tailored to your industry and the specific challenges your team is working through. Switch to the "In-House" tab in the schedule panel above to request a proposal.
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