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Course details
Overview
This 5-day intensive course provides a comprehensive understanding of fixed assets management highlighting the importance of effective asset control and reporting. The course is designed to equip attendees with the skills required to manage track and record the depreciation of company assets effectively. It offers a deep dive into policies procedures standards and strategies for managing fixed assets. The training includes hands-on workshops case studies and real-world scenarios to enhance learning outcomes.
Objective
By the end of this courseparticipants will be able to:
Understand the principles and concepts of fixed assets management.
Implement strategies for trackingmanagingand recording fixed assets.
Understand and apply accounting principles related to fixed asset depreciation.
Develop and implement a fixed assets policy and procedures.
Understand the role of technology in fixed asset management.
Who Should Attend
This course is designed for professionals involved in fixed asset management, including financial controllers, accountants, auditors, financial analysts, asset managers, and operations personnel who want to develop their understanding of effective fixed assets management.
Course Outlines
Day 1: Introduction to Fixed Assets Management
Introduction & Course Overview
Definition and types of fixed assets
Importance and role of fixed assets in a business
Basic principles of fixed assets management
Exercise: Identifying fixed assets in a business
Day 2: Tracking and Managing Fixed Assets
Introduction to fixed asset tracking systems
Lifecycle management of fixed assets
Acquisition maintenance and disposal of fixed assets
Workshop: Tracking and managing fixed assets using real-life scenarios
Day 3: Accounting for Fixed Assets
Basics of fixed assets accounting
Depreciation methods and calculations
Impairment of fixed assets
Fixed asset reporting and disclosures
Case Study: Accounting for fixed assets in different scenarios
Day 4: Fixed Assets Policy and Procedures
The need for fixed asset policy and procedures
Elements of a robust fixed asset policy
Roles and responsibilities in managing fixed assets.
Workshop: Developing a fixed asset policy
Day 5: Technology in Fixed Asset Management and Course Wrap-up
Role of technology in fixed asset management
Implementing a fixed asset management system
Case Study: Technology implementation in fixed asset management
Course Wrap-up and Feedback Session
Job roles this course is suitable for:
financial controllers , accountants , auditors , financial analysts , asset managersAbout London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
A Breadth of Expertise
We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
Investing in Your Success
By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
Contact Us Today
Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
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