Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course in Cape Town, South Africa
Classroom training in Cape Town · next cohort Oct 26, 2026 · from USD 3,800
Lost equipment, vehicles that cannot be traced, buildings that appear in no register and audit qualifications over property, plant and equipment are common symptoms of weak asset management. They waste public and shareholder money and undermine every maintenance and replacement decision. Five days give you a solid grounding in both the accounting and the physical side of the discipline. You learn to design and maintain a fixed asset register, set capitalisation thresholds, tag assets with barcodes or RFID, and run physical verification and reconciliation.
Accounting sessions explain recognition, depreciation methods, revaluation and impairment under IAS 16 and IPSAS 17. You are then introduced to the ISO 55000 family, including ISO 55001 requirements, the strategic asset management plan, asset criticality, condition assessment, life-cycle costing and disposal. It suits asset officers, accountants, procurement and stores staff, facilities and fleet managers, internal auditors and engineers in public bodies, utilities, universities, hospitals and companies. Afterwards you can clean up an asset register, defend it to auditors and contribute to an asset management plan. Choose classroom, online or in-house delivery and earn a CPD-accredited certificate.
At a Glance
Training in Cape Town, South Africa
Cape Town is South Africa's legislative capital and a centre for finance, technology and tourism.
More about training in Cape Town →- Format
- Classroom, in Cape Town
- Duration
- Mon - Fri (5 Days)
- Fee
- USD 3,800
- Next start dates
- Oct 26, 2026, Nov 23, 2026, Dec 21, 2026
- Certificate
- Certificate of Completion
- Airport
- Cape Town International (CPT)
- Time zone
- South Africa Standard Time (UTC+2)
- Currency
- South African rand (ZAR). Fees are listed in USD.
- Business districts
- Foreshore and CBD, V&A Waterfront, Century City and Claremont
About this course
Physical assets such as land, buildings, vehicles, plant, ICT equipment and infrastructure often represent the largest item on an organisation's balance sheet and a major driver of its operating costs. When records are incomplete or out of date, organisations cannot account for what they own, plan maintenance, insure properly or decide sensibly when to repair, replace or dispose. Auditors, boards and regulators increasingly expect clear evidence of asset control.
The Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course brings together the financial and engineering views of assets. Participants begin with core concepts and the asset life cycle, then work through building a fixed asset register, recognition and depreciation under international standards, physical verification and safeguarding, and the ISO 55001 management system for planning, risk and performance. The week closes with disposal, reporting and a practical plan for improving asset management in participants' own organisations.
Instruction combines short explanations with spreadsheet exercises, sample registers containing typical errors, and case studies from public and private sector organisations. No prior knowledge of ISO standards is assumed.
Training Objectives
Participants will gain the ability to:
- Explain asset management concepts, the asset life cycle and the purpose of the ISO 55000 family.
- Design a fixed asset register with the data fields, coding and classification an organisation needs.
- Apply recognition, capitalisation, depreciation, revaluation and impairment rules under IAS 16 and IPSAS 17.
- Plan and carry out physical verification, tagging and reconciliation of assets.
- Assess asset criticality and condition to prioritise maintenance and renewal.
- Interpret the main requirements of ISO 55001 for an asset management system.
- Manage transfers, disposals and write-offs with proper approvals and records.
What you'll learn
Key Takeaways
The course equips participants with:
- A fixed asset register template with coding, classification and mandatory fields.
- A physical verification plan and reconciliation worksheet.
- A depreciation schedule built for a sample asset portfolio.
- An asset criticality and condition scoring matrix.
- A gap checklist against the main ISO 55001 clauses.
- A disposal procedure covering approvals, valuation and record updates.
Training Methodology
Practical exercises carry most of the learning:
- Plain-language explanations of standards with worked numerical examples
- Spreadsheet labs building registers and depreciation schedules
- Error-spotting exercises on sample asset registers
- Case studies from public bodies, utilities and private companies
- Group work on criticality scoring and verification planning
Day 1: Asset Management Concepts and the Asset Life Cycle
- What asset management means: financial, physical and strategic views
- The asset life cycle from planning and acquisition to disposal
- Overview of ISO 55000, ISO 55001 and ISO 55002
- Roles, responsibilities and asset management policy
- Common weaknesses found in asset audits
- Exercise: diagnosing a problem asset register
Day 2: Building and Maintaining the Fixed Asset Register
- Asset classification, coding and componentisation
- Capitalisation thresholds and what to record
- Data fields for ownership, location and custodians
- Tagging with barcodes, QR codes and RFID
- Asset management software and ERP fixed asset modules
- Lab: building a register in a spreadsheet
Day 3: Accounting for Fixed Assets
- Recognition and initial measurement under IAS 16 and IPSAS 17
- Depreciation methods, useful lives and residual values
- Revaluation, impairment and derecognition
- Work in progress and capital projects
- Reconciling the register to the general ledger
- Exercise: preparing a depreciation schedule
Day 4: Physical Control, Verification and Maintenance
- Planning and conducting physical asset verification
- Handling discrepancies, missing assets and unrecorded items
- Safeguarding, insurance and custodianship
- Condition assessment and asset criticality
- Preventive and condition-based maintenance planning
- Life-cycle costing for repair or replace decisions
Day 5: ISO 55001, Disposal and Improvement Planning
- ISO 55001 requirements: context, leadership, planning, support and operation
- The strategic asset management plan and objectives
- Performance evaluation and asset management KPIs
- Transfers, disposals, write-offs and approval controls
- Reporting to management, boards and auditors
- Action plan for improving asset management at work
Anyone responsible for recording, controlling or maintaining an organisation's assets will find it useful, including:
- Asset management and fixed asset officers
- Accountants and finance officers handling property, plant and equipment
- Procurement, stores and supply chain staff
- Facilities, estates and fleet managers
- Maintenance engineers and technicians moving into asset planning
- Internal auditors and audit committee members
- Public sector officers responsible for asset registers in ministries and county governments
- ICT asset and inventory administrators
Participants earn a CPD-accredited Certificate of Completion issued by Vision Reach Global Consultancy after attending every session and completing the register, depreciation and verification exercises.
Choose Where You Want to Learn
Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course Venues
South AfricaCape TownNext Oct 26· 13 dates$3,800Viewing- South AfricaPretoriaNext Nov 2· 13 dates$3,200
- South AfricaJohannesburgNext Nov 2· 13 dates$3,400
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
UAEDubaiNext Oct 26· 13 dates$3,800
GhanaAccraNext Nov 16· 13 dates$4,500
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Frequently Asked Questions About Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course in Cape Town
Everything you need to know about this course before you register.
Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Cape Town, South Africa, 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 Cape Town cohort starts on October 26, 2026, and a new intake follows every four weeks. Pick a date under "Upcoming sessions in Cape Town" above and click Register; your seat is confirmed once payment or a signed purchase order is received.
The classroom fee for Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course in Cape Town is USD 3,800 per delegate, covering tuition and course materials. Register 3 or more delegates together and a 5% team discount is applied automatically.
Yes. Besides Cape Town, Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Pretoria and Johannesburg. It also runs as live online training you can join from anywhere in South Africa, and in-house at your organisation's own premises.
Yes — Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course can be delivered at your offices in Cape Town 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 Fundamentals of Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to explain asset management concepts, the asset life cycle and the purpose of the iso 55000 family, design a fixed asset register with the data fields, coding and classification an organisation needs, apply recognition, capitalisation, depreciation, revaluation and impairment rules under ias 16 and ipsas 17, and plan and carry out physical verification, tagging and reconciliation of assets. The full breakdown of topics is covered session by session in the Course Outline tab above.
Anyone responsible for recording, controlling or maintaining an organisation's assets will find it useful, including: Asset management and fixed asset officers, Accountants and finance officers handling property, plant and equipment, Procurement, stores and supply chain staff, Facilities, estates and fleet managers, Maintenance engineers and technicians moving into asset planning, Internal auditors and audit committee members, Public sector officers responsible for asset registers in ministries and county governments, and ICT asset and inventory administrators.
Fundamentals of 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 Fundamentals of 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.
Fundamentals of Asset Management (Fixed Assets, ISO 55001) Training Course is pitched at beginner 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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