Overview
The Fixed Assets Management module supports fixed asset accounting, depreciation, custody transactions and asset transfer management. Effective asset management provides real benefits and cost savings to public sector organizations. Given the importance of assets, it is vital that civil servants have asset management competency. The Fixed Assets Management course will give participants the knowledge to record, track and manage their fixed assets to enhance organizational profitability.
Course Objectives
- Understand various concepts and terminologies related to fixed assets accounting and management
- Learn about techniques, framework and treatment of fixed assets in the General Ledger
- Gain an understanding regarding various methods of acquisition of assets and manage costs related to them
- Learn how fixed asset management can be used to give maximum returns to the stakeholders
- Account properly for impairment, disposals, and sales of long-lived assets
Course Content
- Asset Items, Fixed Assets Register
- Asset Transactions
- Asset Transfers
- Asset Count Requests
- Asset Reports
Target Audience
- PFM consultants
- GRP Consultants
- Business Analysts
- Civil Servants
- Policymakers
- Auditors
| Dates | On Demand |
|---|---|
| Length | 0.5 days |
| Pace | Self Paced |
| Fees | $50 (Introductory Price) |
| Language | English |
Related Courses
)
Budgeting and Appropriations
Executing a fiscal budget is a crucial responsibility of any government. To ensure that spending stays within the approved limits, various budget controls are put in place during the budget execution phase. The Budgeting and Appropriations course trains government officials in these vital expenditure controls.
)
Chart of Accounts
The Chart of Accounts (COA) Course is designed to help government financial managers explore the fundamental design criteria for creating a modern and effective COA. Through this course, participants will learn how a well-designed COA can streamline reporting, provide global visibility and improve compliance.
)
Human Resource Management
The FreeBalance Human Resource Management (HRM) module is a comprehensive course that provides participants with a solid understanding of the features and functionalities of the FreeBalance HRM system.