Organisations often cannot say what assets they own, where they are, what condition they are in or what they cost to keep running. The result is audit queries, ghost assets, overstated balance sheets, unplanned failures and weak capital planning. Five days give finance, asset and audit teams a structured way to bring order to the asset base through sound governance and compliance with recognised standards.
You work through fixed asset registers and tagging, physical verification, capitalisation policy, depreciation, revaluation, impairment and disposal under IFRS and IPSAS, then link these to the requirements of ISO 55001 and the wider ISO 55000 family: asset policy, strategic asset management plan, risk-based decisions, lifecycle costing and performance evaluation. Further sessions cover roles and accountability, internal control, fraud prevention, audit readiness and reporting to boards and regulators. The programme suits finance officers, accountants, asset and facilities managers, internal auditors, procurement and stores staff, and public sector accounting officers. Delivery options are classroom, online and in-house, and participants receive a CPD-accredited Certificate of Completion. Afterwards you can draft an asset policy, clean up a register and set up controls that stand up to audit.
Assets are usually an organisation's largest store of value and its biggest source of operational risk. Yet in many ministries, utilities, hospitals, banks and manufacturers the asset register is out of date, ownership is unclear and decisions to buy, repair or dispose are made without lifecycle information. External auditors, development partners and regulators increasingly expect assets to be recorded accurately, safeguarded and managed against stated objectives.
This course joins two disciplines that are often handled separately: the financial accounting and control of fixed assets, and the management system approach set out in ISO 55001. Participants begin with the asset register, the tagging and verification cycle, and the accounting policies that determine how assets are recognised, measured and written off. They then move to governance: who approves acquisitions, who is accountable for custody and condition, and how performance, risk and cost are reported. The later sessions explain the structure of an asset management system, including policy, objectives, planning, support, operation, evaluation and improvement, and how to prepare for internal and external audit.
Teaching uses sample registers with deliberate errors, control-testing exercises and policy templates. Participants finish with a working draft of their own asset governance framework and a prioritised improvement plan.
At the end of the training, participants will be able to:
Participants return to work with:
The course blends accounting practice with management-system design. Participants will take part in:
Day 1: Asset Management Principles and Governance Context
Day 2: Fixed Asset Registers and Accounting Treatment
Day 3: Verification, Custody and Internal Control
Day 4: ISO 55001 Management System Requirements
Day 5: Performance, Audit Readiness and Improvement
The training is directed at people who account for, control, audit or manage physical assets, such as:
Vision Reach Global Consultancy awards a CPD-accredited Certificate of Completion to every delegate who attends the sessions and finishes the practical exercises.
Upcoming cohorts
CPD-Accredited
Official invoice & confirmation letter provided
Team discount for 3+ seats
Need help with this booking?
Our training team can help with group pricing, invoicing, or picking the right schedule.
Everything you need to know about this course before you register.
By the end of the Governance and Compliance in Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to establish and maintain a complete fixed asset register with unique identification and location data, apply recognition, depreciation, revaluation and impairment rules consistently under ifrs or ipsas, plan and run physical verification and reconcile findings to the general ledger, and explain the requirements and structure of iso 55001 and how they relate to iso 55000. The full breakdown of topics is covered session by session in the Course Outline tab above.
The training is directed at people who account for, control, audit or manage physical assets, such as: Finance officers and accountants responsible for fixed assets, Asset managers and facilities managers, Internal and external auditors, Procurement, stores and logistics officers, Heads of finance and accounting officers in public institutions, Maintenance and engineering managers, Risk and compliance officers, and Project and infrastructure managers handing over completed works.
Governance and Compliance 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.
Governance and Compliance 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 Governance and Compliance in Asset Management (Fixed Assets, ISO 55001) starts November 2, 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 Governance and Compliance 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.
Governance and Compliance 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 Governance and Compliance 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 — Governance and Compliance 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.
Related Training
Key Skills You'll Learn
Vision Reach Global
From $1,500 · KSh 110,000
Key Skills You'll Learn
Vision Reach Global
From $1,500 · KSh 110,000
Key Skills You'll Learn
Vision Reach Global
From $1,500 · KSh 115,000
Swipe to see more courses →
VRG brings strategic discipline to complex organizational challenges. Their approach is structured, data-driven, and outcome-focused.
Levis Wabwire
Managing Director
They facilitated our strategy review, we improved departmental KPI alignment by 35% and reduced operational bottlenecks significantly.
David Oketch
Strategy Lead
Employee engagement scores increased following the leadership training program. The difference in accountability culture is evident.
Wendy Albright
Program Manager