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
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.
General Ledger
This course provides a general overview of the features and benefits of using General Ledger in an integrated environment and focuses on how General Ledger integrates with other functional areas in the FreeBalance Accountability Suite.
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.