Live Online Applied Asset Management (Fixed Assets, ISO 55001) Training Course
Live online, instructor-led · next cohort Oct 26, 2026 · from USD 800
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.
At a Glance
How Live Online Training Works
Live online training, led by a trainer in real time, for participants anywhere.
More about live online training →- Format
- Live online, instructor-led
- Duration
- Mon - Fri (5 Days)
- Fee
- USD 800 (KES 80,000)
- Next start dates
- Oct 26, 2026, Nov 23, 2026, Dec 21, 2026
- Certificate
- Certificate of Completion
- What you need
- A computer with a reliable internet connection, a webcam and a headset
About this course
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.
Training Objectives
On completion, participants will 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.
- Explain the structure and requirements of ISO 55001 and how they fit an organisation's context.
- Prepare lifecycle cost analyses to support repair, renewal or replacement decisions.
- Assess asset criticality and risk to prioritise maintenance and capital spending.
- Define performance measures and a roadmap for improving asset management maturity.
What you'll learn
Key Takeaways
Participants carry away:
- A fixed asset register template with coding and tagging conventions.
- A verification and reconciliation checklist ready for the next stocktake.
- A depreciation and impairment worked example for each major asset class.
- A lifecycle cost comparison model for repair versus replacement.
- A gap analysis against ISO 55001 clauses for their own organisation.
- An outline asset management plan with priorities and measures.
Training Methodology
The programme balances accounting technique with management practice. It uses:
- Short lectures linking each standard to everyday decisions
- Sample registers with planted errors for participants to find and fix
- Spreadsheet-based depreciation and lifecycle cost exercises
- A clause-by-clause gap analysis done in small groups
- Roadmap presentations with facilitator and peer feedback
Day 1: Principles of Fixed Asset Control
- What counts as an asset and the asset classes
- Roles of finance, operations and procurement
- Capitalisation thresholds and policy decisions
- Asset register structure, coding and tagging
- Common audit findings on asset records
- Review of a faulty sample register
Day 2: Recording, Verification and Reconciliation
- Recording acquisitions, donations and self-constructed assets
- Planning a physical verification exercise
- Investigating missing, idle and unrecorded assets
- Reconciling the register to the ledger
- Controls over movement, loans and custody
- Exercise: reconciling a register with variances
Day 3: Depreciation, Revaluation, Impairment and Disposal
- Useful life, residual value and depreciation methods
- Component accounting for large assets
- Revaluation and impairment indicators under IFRS and IPSAS
- Disposal, write-off and auction procedures
- Treatment of donor-funded and leased assets
- Calculation workshop on mixed asset classes
Day 4: ISO 55001 and the Asset Management System
- The ISO 55000 family and key terms
- Context, leadership and asset management policy
- Strategic asset management plan and objectives
- Risk and criticality assessment of assets
- Support requirements: competence, information and communication
- Gap analysis against clause requirements
Day 5: Lifecycle Management and Performance
- Lifecycle cost and whole-life value
- Maintenance strategies and condition monitoring
- Capital renewal planning and budgeting
- Performance indicators, audit and management review
- Maturity assessment and improvement roadmap
- Presentations and course review
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
- Engineers preparing capital and maintenance plans
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.
Choose Where You Want to Learn
Applied Asset Management (Fixed Assets, ISO 55001) Training Course Venues
KenyaNairobiNext Nov 9· 13 dates$1,500- KenyaMombasaNext Oct 26· 13 dates$1,600
- KenyaNaivashaNext Nov 2· 13 dates$1,500
- KenyaKisumuNext Oct 26· 13 dates$1,500
- KenyaMachakosNext Nov 2· 13 dates$1,600
UgandaKampalaNext Nov 2· 13 dates$1,900
RwandaKigaliNext Oct 26· 13 dates$1,900
TanzaniaArushaNext Nov 9· 13 dates$1,900- TanzaniaDodomaNext Oct 26· 13 dates$1,800
- TanzaniaDar es SalaamNext Oct 26· 13 dates$2,000
- TanzaniaZanzibarNext Nov 16· 13 dates$2,600
NigeriaLagosNext Nov 16· 13 dates$2,800- NigeriaAbujaNext Nov 9· 13 dates$2,800
South AfricaPretoriaNext Nov 2· 13 dates$3,200- South AfricaJohannesburgNext Nov 2· 13 dates$3,400
- South AfricaCape TownNext Oct 26· 13 dates$3,800
UAEDubaiNext Oct 26· 13 dates$3,800
GhanaAccraNext Nov 16· 13 dates$4,500
Scroll sideways to see all 18 cities →
Frequently Asked Questions About Live Online Applied Asset Management (Fixed Assets, ISO 55001) Training Course
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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