Fixed Asset Management

Does your job require you to administer and manage land, buildings, office equipment, furniture, or other fixed asset items? If so, this program is designed specially to help you better manage your organization’s fixed assets.

Maximize your assets and protect your organization's investments with fixed asset management skills! In this timely seminar, you will learn to maximize your bottom line by discovering everything you need to know about your company's assets: what assets you have and where they are located…how to make sure they are fully utilized…how to reap the maximum tax benefits…and how to accurately assess their current value in today's economy.

Learning objectives:

• Grasp a range of concepts and terminologies linked to the accounting and management of fixed assets.
• Recognize the significance of prudent utilization of fixed assets to enhance profitability.
• Acquire knowledge about the techniques, frameworks, and accounting treatments of fixed assets.
• Understand different methods of acquiring assets and effectively handle associated costs.
• Appreciate how adept asset management prevents production delays and ensures smooth operational functioning.

Comprehend the role of fixed asset management in providing maximum returns to the business stakeholders.

Key Topics:

• Identification of fixed assets
• Accounting for Fixed Assets (PPE)
• Fixed Asset Process
• Implication of Taxation on Fixed Assets
• Internal Control and fixed asset management
•  Revaluation of Assets (PPE)
• Practical issues on fixed asset management