Live Online Professional Asset Management (Fixed Assets, ISO 55001) Training Course
Live online, instructor-led · next cohort Nov 9, 2026 · from USD 800
Vehicles, buildings, equipment, IT hardware and infrastructure often represent an organisation's largest investment, yet many registers are incomplete, assets go untagged and auditors raise the same findings year after year. Poor records lead to lost items, wrong depreciation charges, unplanned breakdowns and replacement decisions made in a hurry. Across five days, you learn to bring financial control and engineering discipline together. Topics include capitalisation policy, asset tagging with barcodes or RFID, physical verification, and accounting under IAS 16 and IPSAS 17 for recognition, depreciation, revaluation, impairment and disposal.
You then work through the ISO 55000 family: the asset management policy, the strategic asset management plan, risk-based decision-making, condition assessment, lifecycle costing and performance indicators. Sessions also cover maintenance strategy, computerised maintenance and enterprise asset management systems, and preparing for internal audit or certification against ISO 55001. Accountants, asset and fleet managers, facilities and maintenance engineers, procurement, internal audit and estates officers in public bodies, utilities, hospitals, universities and companies will find it directly useful. Delivery is classroom, online or in-house, with a CPD-accredited certificate. Afterwards you can clean up a register and draft an asset management plan.
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
- Nov 9, 2026, Dec 7, 2026, Jan 4, 2027
- Certificate
- Certificate of Completion
- What you need
- A computer with a reliable internet connection, a webcam and a headset
About this course
Public bodies and companies are under growing pressure from auditors, boards and regulators to show that they know what assets they own, where those assets are, what condition they are in and what they are worth. Accrual accounting reforms in the public sector, tighter audit scrutiny and rising maintenance costs have exposed weak fixed asset registers and fragmented responsibility between finance, procurement and operations teams.
The Professional Asset Management (Fixed Assets, ISO 55001) Training Course treats asset management as a single discipline that runs from acquisition to disposal. Participants first establish the control framework: policies, capitalisation thresholds, classification, tagging and the asset register itself. They then apply the accounting requirements of IAS 16 and IPSAS 17, including useful lives, depreciation methods, revaluation and impairment. The second half of the week introduces ISO 55001, showing how a management system approach links organisational objectives to asset plans, risk, lifecycle cost and performance, and how maintenance and replacement decisions can be justified with evidence rather than habit.
Learning is built around case registers, depreciation schedules and audit findings typical of government agencies, utilities and private firms. Participants finish with a register improvement plan and the outline of a strategic asset management plan for their own organisation.
Training Objectives
Delegates will be equipped to:
- Design a fixed asset policy covering capitalisation, classification, custody and disposal.
- Build and maintain an accurate asset register supported by tagging and physical verification.
- Apply IAS 16 and IPSAS 17 to recognition, depreciation, revaluation and derecognition.
- Assess assets for impairment and record the results correctly.
- Interpret the requirements of ISO 55001 and map them to existing practice.
- Use condition, risk and lifecycle cost data to prioritise maintenance and replacement.
- Prepare an organisation for an internal audit of its asset management system.
What you'll learn
Key Takeaways
Participants return to work with:
- A fixed asset policy template adapted to their organisation.
- A register data standard with mandatory fields and a coding structure.
- A physical verification and reconciliation procedure.
- Worked depreciation, revaluation and impairment schedules.
- An ISO 55001 gap assessment checklist.
- A draft outline of a strategic asset management plan.
Training Methodology
Sessions combine accounting practice with management system thinking. The approach uses:
- Worked registers, depreciation schedules and impairment cases in Excel
- Clause-by-clause walkthroughs of ISO 55001 with gap assessment practice
- Analysis of audit findings drawn from public sector and corporate settings
- Group exercises bringing finance and technical perspectives together
- An end-of-week action plan reviewed with the facilitator
Day 1: Asset Management Foundations and Control Framework
- What asset management means for finance, operations and the board
- Asset classes: land, buildings, plant, vehicles, IT and infrastructure
- Fixed asset policy, capitalisation thresholds and roles
- The asset lifecycle from planning and acquisition to disposal
- Common audit findings on asset management
- Exercise: reviewing a weak asset policy
Day 2: The Fixed Asset Register and Physical Verification
- Register design, data fields and coding structure
- Tagging with barcodes, QR codes and RFID
- Planning and conducting physical verification
- Reconciling the register to the general ledger
- Transfers, losses, theft and write-offs
- Lab: cleaning and reconciling a sample register
Day 3: Accounting for Property, Plant and Equipment
- Recognition and measurement under IAS 16 and IPSAS 17
- Useful lives, residual values and depreciation methods
- Revaluation models and revaluation surpluses
- Impairment indicators and testing
- Disposal, derecognition and gains or losses
- Worked case: depreciation and revaluation schedules
Day 4: ISO 55001 Asset Management Systems
- The ISO 55000 family: overview, requirements and guidance
- Asset management policy, objectives and the strategic asset management plan
- Leadership, roles, competence and documented information
- Risk-based decision-making and condition assessment
- Lifecycle costing and replacement planning
- Gap assessment against ISO 55001 clauses
Day 5: Maintenance, Performance and Continual Improvement
- Preventive, predictive and run-to-failure maintenance strategies
- CMMS and enterprise asset management systems
- Asset performance indicators and reporting to management
- Internal audit, management review and corrective action
- Preparing for certification or external review
- Action planning and course review
The programme brings together the finance, technical and control roles that share responsibility for assets:
- Fixed asset accountants and financial controllers
- Asset managers, asset registrars and stores officers
- Fleet, facilities and estates managers
- Maintenance and reliability engineers
- Procurement and disposal committee members
- Internal auditors and audit committee staff
- Finance officers in ministries, local governments, state corporations and utilities
- Operations managers in hospitals, universities, manufacturing and telecoms
Each delegate who attends the full programme and completes the register, accounting and gap assessment exercises receives a CPD-accredited Certificate of Completion issued by Vision Reach Global Consultancy.
The certificate confirms completion of this training; it is not an ISO 55001 auditor qualification.
Choose Where You Want to Learn
Professional 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 Professional Asset Management (Fixed Assets, ISO 55001) Training Course
Everything you need to know about this course before you register.
By the end of the Professional Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to design a fixed asset policy covering capitalisation, classification, custody and disposal, build and maintain an accurate asset register supported by tagging and physical verification, apply ias 16 and ipsas 17 to recognition, depreciation, revaluation and derecognition, and assess assets for impairment and record the results correctly. The full breakdown of topics is covered session by session in the Course Outline tab above.
The programme brings together the finance, technical and control roles that share responsibility for assets: Fixed asset accountants and financial controllers, Asset managers, asset registrars and stores officers, Fleet, facilities and estates managers, Maintenance and reliability engineers, Procurement and disposal committee members, Internal auditors and audit committee staff, Finance officers in ministries, local governments, state corporations and utilities, and Operations managers in hospitals, universities, manufacturing and telecoms.
Professional 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.
Professional 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 Professional Asset Management (Fixed Assets, ISO 55001) starts November 9, 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 Professional 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.
Professional 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 Professional 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 — Professional 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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