Best Practices in Asset Management (Fixed Assets, ISO 55001) Training Course in Dar es Salaam, Tanzania
Classroom training in Dar es Salaam · next cohort Oct 26, 2026 · from USD 2,000
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.
At a Glance
Training in Dar es Salaam, Tanzania
Dar es Salaam is Tanzania's largest city, main port and commercial capital.
More about training in Dar es Salaam →- Format
- Classroom, in Dar es Salaam
- Duration
- Mon - Fri (5 Days)
- Fee
- USD 2,000
- Next start dates
- Oct 26, 2026, Nov 23, 2026, Dec 21, 2026
- Certificate
- Certificate of Completion
- Airport
- Julius Nyerere International (DAR)
- Time zone
- East Africa Time (UTC+3)
- Currency
- Tanzanian shilling (TZS). Fees are listed in USD.
- Business districts
- City Centre, Upanga, Masaki and Oyster Bay
About this course
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.
Training Objectives
On completion, participants will 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.
- Plan and run a physical verification exercise and reconcile results to the ledger.
- Rank assets by criticality and condition to prioritise maintenance and renewal.
- Prepare lifecycle cost comparisons to support investment decisions.
- Interpret the requirements of ISO 55001 and map them to current practice.
- Draft an asset management policy and improvement plan.
What you'll learn
Key Takeaways
Participants take away:
- A fixed asset register template with the fields auditors expect.
- A step-by-step plan for a physical verification count and reconciliation.
- A depreciation and impairment worksheet they can adapt.
- A criticality ranking method for maintenance and renewal decisions.
- A gap analysis against ISO 55001 for their own organisation.
- A draft asset management policy and 90-day improvement plan.
Training Methodology
Instruction mixes standards with hands-on practice:
- Spreadsheet workshops using sample registers with planted errors
- A simulated verification count with count sheets and variances
- Lifecycle costing exercises on vehicles, plant and buildings
- Clause-by-clause gap analysis in groups
- Open discussion of participants' own asset challenges
Day 1: Foundations of Asset Management
- Why assets matter to service delivery and the balance sheet
- The asset lifecycle from need identification to disposal
- Roles of finance, operations, procurement and custodians
- Typical audit findings on fixed assets
- Overview of the ISO 55000 family
Day 2: Registers, Tagging and Accounting Treatment
- Register structure, coding and component accounting
- Capitalisation thresholds and the cost of an asset
- Depreciation methods, useful lives and residual values
- Impairment, revaluation and donated assets
- Asset tagging and labelling approaches
- Exercise: correcting a flawed register
Day 3: Verification, Control and Disposal
- Planning and executing a physical verification count
- Investigating missing, duplicate and unrecorded items
- Reconciling the register to the general ledger
- Transfers, loans and custody controls
- Disposal, auction and write-off procedures
- Exercise: reconciling count results
Day 4: Lifecycle Costing, Maintenance and Risk
- Total cost of ownership and lifecycle cost models
- Condition assessment and criticality ranking
- Preventive, predictive and corrective maintenance strategy
- Renewal planning and capital budgeting
- Asset risk registers and insurance cover
- Exercise: comparing replace and repair options
Day 5: ISO 55001 and Improvement Planning
- Context, leadership and asset management policy
- Strategic asset management plan and objectives
- Performance evaluation, audit and management review
- Gap analysis against clause requirements
- Asset information systems and data quality
- Personal action plan and course review
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
- Utility, hospital and school administrators
On successful attendance and completion of the practical work, each participant is issued a CPD-accredited Certificate of Completion by Vision Reach Global Consultancy.
Choose Where You Want to Learn
Best Practices in Asset Management (Fixed Assets, ISO 55001) Training Course Venues
TanzaniaDar es SalaamNext Oct 26· 13 dates$2,000Viewing- TanzaniaArushaNext Nov 9· 13 dates$1,900
- TanzaniaDodomaNext Oct 26· 13 dates$1,800
- TanzaniaZanzibarNext Nov 16· 13 dates$2,600
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
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
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Frequently Asked Questions About Best Practices in Asset Management (Fixed Assets, ISO 55001) Training Course in Dar es Salaam
Everything you need to know about this course before you register.
Best Practices in Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Dar es Salaam, Tanzania, in Monday-to-Friday cohorts that start every four weeks. The venue, daily timings and joining details are sent in your Joining Instructions email ahead of the start date.
The next Dar es Salaam cohort starts on October 26, 2026, and a new intake follows every four weeks. Pick a date under "Upcoming sessions in Dar es Salaam" above and click Register; your seat is confirmed once payment or a signed purchase order is received.
The classroom fee for Best Practices in Asset Management (Fixed Assets, ISO 55001) Training Course in Dar es Salaam is USD 2,000 per delegate, covering tuition and course materials. Register 3 or more delegates together and a 5% team discount is applied automatically.
Yes. Besides Dar es Salaam, Best Practices in Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Arusha, Dodoma, and Zanzibar. It also runs as live online training you can join from anywhere in Tanzania, and in-house at your organisation's own premises.
Yes — Best Practices in Asset Management (Fixed Assets, ISO 55001) Training Course can be delivered at your offices in Dar es Salaam or at a venue you choose, on dates that suit your team, with case studies tailored to your sector. Message our training advisors to request a proposal.
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.
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.
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What Our Clients Say
VRG brings strategic discipline to complex organizational challenges. Their approach is structured, data-driven, and outcome-focused.
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Managing Director
They facilitated our strategy review, we improved departmental KPI alignment by 35% and reduced operational bottlenecks significantly.
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Strategy Lead
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