Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course in Kisumu, Kenya
Classroom training in Kisumu · next cohort Oct 26, 2026 · from USD 1,500
Unrecorded vehicles, idle equipment, unreconciled registers and unplanned breakdowns quietly drain budgets, and they regularly feature in audit queries on public bodies, parastatals and corporates. A written policy backed by a disciplined asset system turns that exposure into planned, defensible spending.
Five days walk you through the regulatory and standards landscape that governs physical assets: the ISO 55000 family, public financial management rules on custody and disposal, accounting treatment under IPSAS and IFRS, and internal control expectations. You draft an asset management policy and strategic asset management plan, design a fixed asset register with tagging, verification and reconciliation routines, and apply lifecycle costing, condition assessment, risk-based prioritisation and maintenance planning. Later sessions deal with capitalisation, depreciation, impairment, transfers, disposal and write-off, then close with performance indicators, internal audit and a gap assessment against ISO 55001. Asset managers, finance and accounting officers, stores and procurement staff, facilities and maintenance managers, internal auditors and heads of corporate services will find the material directly usable. Offered in the classroom, online or in-house, with a CPD-accredited certificate on completion.
At a Glance
Training in Kisumu, Kenya
Kisumu is Kenya's city on Lake Victoria and the commercial centre of western Kenya.
More about training in Kisumu →- Format
- Classroom, in Kisumu
- Duration
- Mon - Fri (5 Days)
- Fee
- USD 1,500 (KES 115,000)
- Next start dates
- Oct 26, 2026, Nov 23, 2026, Dec 21, 2026
- Certificate
- Certificate of Completion
- Airport
- Kisumu International (KIS)
- Time zone
- East Africa Time (UTC+3)
- Currency
- Kenyan shilling (KES). Fees are listed in USD and KES.
- Business districts
- Milimani and the CBD
About this course
Organisations hold a large share of their value in buildings, plant, vehicles, networks and equipment, yet asset records are often incomplete, out of date or detached from the finance ledger. Auditors increasingly ask for evidence that assets exist, are controlled, are maintained and are disposed of lawfully. Boards, regulators and funders want to see a coherent policy rather than a collection of local practices.
The Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course starts with the principles of asset management and the structure of the ISO 55001 management system standard: context, leadership, planning, support, operation, performance evaluation and improvement. Participants then connect these requirements to the legal and accounting rules their organisation faces, including capitalisation thresholds, depreciation methods, revaluation, impairment and disposal procedures. Sessions follow an asset from acquisition planning through operation, maintenance, renewal and retirement, with emphasis on documented roles, approvals and records.
Teaching blends short briefings with drafting workshops. Participants prepare policy wording, a register template, a lifecycle plan for a priority asset class and a gap assessment of their own organisation, so that each person returns with working documents and a realistic improvement roadmap.
Training Objectives
By the end of the course, participants will be able to:
- Explain the structure and intent of ISO 55001 and its relationship to ISO 55000 and ISO 55002.
- Draft an asset management policy, objectives and strategic asset management plan.
- Design and maintain a fixed asset register that reconciles to the general ledger.
- Apply accounting rules for capitalisation, depreciation, impairment and disposal.
- Use lifecycle costing and risk-based criteria to prioritise maintenance and renewal spending.
- Establish roles, controls and verification routines that withstand internal and external audit.
- Carry out a gap assessment against ISO 55001 and prepare an improvement roadmap.
What you'll learn
Key Takeaways
Participants leave with:
- A draft asset management policy ready for adaptation and approval.
- A fixed asset register template with tagging, location and condition fields.
- A verification and reconciliation calendar covering counts, tags and ledger checks.
- A lifecycle cost worksheet for comparing repair, renewal and replacement.
- A completed ISO 55001 gap checklist for their own organisation.
- An improvement roadmap with owners, timelines and early wins.
Training Methodology
Learning is structured around documents participants will actually use:
- Concise briefings on standards, accounting rules and control practice
- Template-building workshops for policy, register and lifecycle plans
- Audit-finding case files used to practise root cause analysis and corrective action
- Group gap assessments scored against ISO 55001 clauses
- Question-and-answer clinics on participants' own asset challenges
Day 1: Foundations of Asset Management
- What counts as an asset and why physical assets need a management system
- The ISO 55000 family: terms, principles and value
- Asset lifecycle stages from need identification to disposal
- Stakeholders, governance and accountability for assets
- Common audit findings on asset control
- Exercise: classifying and valuing an asset portfolio
Day 2: Policy, Strategy and Planning
- Organisational context and alignment with corporate strategy
- Writing an asset management policy and objectives
- Strategic asset management plan structure
- Asset criticality and risk-based prioritisation
- Budgeting and long-term investment planning
- Drafting workshop: policy and objectives statement
Day 3: Fixed Asset Registers and Accounting Rules
- Register design: identification, tagging, location and custodianship
- Capitalisation thresholds and recognition criteria
- Depreciation, revaluation and impairment under IPSAS and IFRS
- Reconciling the register to the general ledger
- Physical verification and handling of discrepancies
- Exercise: building and reconciling a sample register
Day 4: Operation, Maintenance and Disposal
- Lifecycle costing and total cost of ownership
- Condition assessment and maintenance strategies
- Acquisition, commissioning and handover controls
- Transfers, loss, damage and insurance claims
- Disposal methods, approvals and write-off procedures
- Case study: renewing ageing equipment under a limited budget
Day 5: Performance, Audit and Improvement
- Performance indicators for asset management
- Internal audit of asset controls
- Management review and continual improvement
- Preparing for ISO 55001 gap assessment and certification
- Change management and building asset management capability
- Gap assessment presentations and action planning
The programme is relevant to people who own, control, account for or audit physical assets, including:
- Asset managers and asset registrars
- Accountants and finance officers maintaining fixed asset ledgers
- Stores, inventory and supply chain officers
- Facilities, estates and maintenance managers
- Internal auditors and risk and compliance officers
- Heads of corporate services in ministries, counties and state corporations
- Engineers in utilities, transport and infrastructure agencies
- Project and programme staff handing over assets to government or communities
On completing all sessions and the workshop tasks, participants receive a Certificate of Completion issued by Vision Reach Global Consultancy and CPD-accredited. It records the programme and hours, and supports continuing development portfolios. It is not a certification to ISO 55001 itself.
Choose Where You Want to Learn
Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course Venues
KenyaKisumuNext Oct 26· 13 dates$1,500Viewing- KenyaNairobiNext Nov 9· 13 dates$1,500
- KenyaMombasaNext Oct 26· 13 dates$1,600
- KenyaNaivashaNext Nov 2· 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
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Frequently Asked Questions About Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course in Kisumu
Everything you need to know about this course before you register.
Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Kisumu, Kenya, 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 Kisumu cohort starts on October 26, 2026, and a new intake follows every four weeks. Pick a date under "Upcoming sessions in Kisumu" above and click Register; your seat is confirmed once payment or a signed purchase order is received.
The classroom fee for Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course in Kisumu is USD 1,500 per delegate, covering tuition and course materials. Register 3 or more delegates together and a 5% team discount is applied automatically.
Yes. Besides Kisumu, Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Nairobi, Mombasa, Naivasha, and Machakos. It also runs as live online training you can join from anywhere in Kenya, and in-house at your organisation's own premises.
Yes — Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) Training Course can be delivered at your offices in Kisumu 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 Policy and Regulatory Frameworks for Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to explain the structure and intent of iso 55001 and its relationship to iso 55000 and iso 55002, draft an asset management policy, objectives and strategic asset management plan, design and maintain a fixed asset register that reconciles to the general ledger, and apply accounting rules for capitalisation, depreciation, impairment and disposal. The full breakdown of topics is covered session by session in the Course Outline tab above.
The programme is relevant to people who own, control, account for or audit physical assets, including: Asset managers and asset registrars, Accountants and finance officers maintaining fixed asset ledgers, Stores, inventory and supply chain officers, Facilities, estates and maintenance managers, Internal auditors and risk and compliance officers, Heads of corporate services in ministries, counties and state corporations, Engineers in utilities, transport and infrastructure agencies, and Project and programme staff handing over assets to government or communities.
Policy and Regulatory Frameworks for 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 Policy and Regulatory Frameworks for 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.
Policy and Regulatory Frameworks for 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.
Levis Wabwire
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
Employee engagement scores increased following the leadership training program. The difference in accountability culture is evident.
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Program Manager
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