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

Purchasing Management

Purchasing Management

Purchasing encompasses all activities related to the acquisition of goods, services, and works. A good purchasing and public procurement system ensures that the needs of the end-users in organizations are met while maximizing value-for-money.

Revenue Management

Revenue Management

This course provides a general overview of the features and benefits of using the FreeBalance Accountability Suite’s™ Revenue Management module.

Treasury Management

Treasury Management

Government Treasury Management helps the spending units set payment priorities. The Treasury updates bank balances through the bank statement, which includes daily revenue collections. Based on the liquidity available, the Treasury can decide which payments to release and which payments to delay.

Contact