Vehicles, buildings, equipment, IT hardware and infrastructure often make up most of an organisation's balance sheet, yet asset registers are commonly incomplete, items cannot be found during verification and replacement decisions are made in a crisis. Auditors flag these gaps year after year. Five days of practical work close them. You learn to design and populate a fixed asset register, set capitalisation thresholds, tag assets with barcodes or QR codes, and run physical verification and reconciliation to the general ledger. Accounting sessions apply IAS 16 and IPSAS 17 to recognition, componentisation, depreciation methods, revaluation and impairment.
The second half moves from accounting control to whole-life value. You work through the ISO 55000 family, covering the strategic asset management plan, asset criticality and risk, condition monitoring, maintenance strategies and life-cycle costing. Disposal, transfer and write-off procedures are covered alongside CMMS and ERP asset modules. Asset managers, accountants, procurement and stores staff, facilities and fleet managers, engineers and internal auditors in public bodies, utilities, NGOs and companies will benefit. You leave able to clean up a register and draft an asset management plan. Classroom, online and in-house formats lead to a CPD-accredited certificate.
Weak control of physical assets is one of the most frequent findings in public sector and corporate audit reports. Missing assets, unrecorded donations, idle equipment, inconsistent depreciation and unplanned breakdowns all erode value and accountability. At the same time, boards and governments are asking a harder question: not just whether assets are recorded, but whether they are delivering the service and value expected over their whole life.
The Practical Asset Management (Fixed Assets, ISO 55001) Training Course addresses both sides. It begins with the fundamentals of fixed asset control: policies, classification, registers, tagging, verification and the accounting treatment that underpins financial statements. It then broadens into the asset management system described in ISO 55001, covering organisational objectives, asset strategy, risk, maintenance and performance, and the information and governance needed to make sound decisions on acquisition, renewal and disposal.
Participants work with sample asset registers, verification data and asset portfolios drawn from government, utility, health and NGO settings. Exercises are completed in Excel, and by the end of the week each participant has a register clean-up plan and the outline of an asset management plan for their organisation.
After the course, participants will be able to:
The course delivers usable outputs, including:
Each session links asset control to real records and decisions, using:
Day 1: Fixed Asset Control Fundamentals
Day 2: Verification, Accounting and Reporting
Day 3: The ISO 55001 Asset Management System
Day 4: Lifecycle, Risk and Maintenance Decisions
Day 5: Disposal, Governance and Continual Improvement
The course is relevant to everyone who records, maintains, controls or audits physical assets:
A CPD-accredited Certificate of Completion issued by Vision Reach Global Consultancy is presented to each participant who attends throughout and completes the register, depreciation and planning 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 Practical Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to design asset policies, classification structures and capitalisation thresholds, build, populate and maintain a complete fixed asset register, plan and conduct physical verification and reconcile the register to the ledger, and apply ias 16 and ipsas 17 to depreciation, revaluation and impairment. The full breakdown of topics is covered session by session in the Course Outline tab above.
The course is relevant to everyone who records, maintains, controls or audits physical assets: Asset managers and asset officers, Finance managers and accountants responsible for fixed assets, Procurement, stores and supply chain officers, Facilities, estates and fleet managers, Maintenance and engineering managers in utilities and infrastructure, ICT asset and inventory managers, Internal auditors and audit committee members, and Public sector officers responsible for asset registers and disposal.
Practical 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.
Practical 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 Practical 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 Practical 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.
Practical 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 Practical 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 — Practical 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 115,000
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 110,000
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