Organisations often hold millions in vehicles, plant, buildings and equipment that nobody can fully locate, value or maintain on a sensible schedule. Unrecorded assets, ghost items on the ledger and unplanned failures drain budgets and attract audit queries. Five days of structured work show how to bring order to the whole asset base.
You cover the full asset lifecycle: planning and acquisition, tagging and registration, capitalisation rules, depreciation and impairment under IFRS and IPSAS, physical verification, maintenance planning, risk-based prioritisation, disposal and write-off. The ISO 55000 family is introduced, with ISO 55001 requirements on policy, strategic asset management plan, objectives, risk, performance evaluation and improvement. Lifecycle costing, condition assessment and criticality ranking help you justify renewal spending. The programme is relevant for finance and accounting officers, asset and facilities managers, maintenance and engineering managers, procurement and stores staff, internal and external auditors, and public sector accountants in ministries, counties, utilities and NGOs. It runs in classroom sessions, online or in-house and carries a CPD-accredited certificate. Afterwards you can lead an asset count, reconcile the register to the ledger and draft an asset management plan.
Fixed assets frequently account for the largest part of an organisation's balance sheet, yet they receive less control than cash or stock. Registers fall behind, tags fade, assets move between departments without records, and depreciation is calculated on items that no longer exist. For donor-funded projects and public bodies, weak asset control is also one of the most common audit findings.
This programme treats asset management as a joint responsibility of finance, operations and procurement. Participants first establish sound foundations: a complete register, clear capitalisation thresholds, coding and tagging, and responsibility for custody. They then address valuation, depreciation methods, impairment, revaluation and disposal in line with accounting standards. The second half introduces the ISO 55001 management system, showing how policy, strategic plan, risk assessment, lifecycle costing and performance indicators connect to produce value from assets rather than only record them.
Sessions use realistic registers with deliberate errors, count sheets and condition data. Participants practise reconciling, investigating differences and presenting findings, and they leave with a draft improvement plan for their own organisation.
On completion, participants will be able to:
Participants take away:
Instruction mixes standards with hands-on practice:
Day 1: Foundations of Asset Management
Day 2: Registers, Tagging and Accounting Treatment
Day 3: Verification, Control and Disposal
Day 4: Lifecycle Costing, Maintenance and Risk
Day 5: ISO 55001 and Improvement Planning
The course is suited to people who record, control or rely on physical assets, including:
On successful attendance and completion of the practical work, each participant is issued a CPD-accredited Certificate of Completion by Vision Reach Global Consultancy.
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 Best Practices in Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to explain the asset lifecycle and the responsibilities of finance, operations and custodians, design and maintain a complete fixed asset register with coding and tagging, apply capitalisation, depreciation, impairment and disposal rules correctly, and plan and run a physical verification exercise and reconcile results to the ledger. The full breakdown of topics is covered session by session in the Course Outline tab above.
The course is suited to people who record, control or rely on physical assets, including: Finance managers and accountants responsible for fixed assets, Asset managers and facilities managers, Maintenance, engineering and fleet managers, Stores, logistics and procurement officers, Internal auditors and external audit staff, Public sector accountants in ministries, counties and parastatals, Project finance officers in NGOs and donor programmes, and Utility, hospital and school administrators.
Best Practices in 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.
Best Practices in 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 Best Practices in Asset Management (Fixed Assets, ISO 55001) starts October 12, 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 Best Practices in 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.
Best Practices in 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 Best Practices in 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 — Best Practices in 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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