Course Overview

Course Overview:
A structured programme covering the complete lifecycle of fixed assets — from governance and
acquisition through to disposal and risk management.
01 Governance & Policy
Compliance
Frameworks, internal controls, and regulatory standards that
govern fixed asset management.
02 Acquisition & Capitalization Criteria for capitalising assets, initial cost recognition, and
purchase approval workflows.
03 Fixed Asset Register (FAR) Building and maintaining an accurate asset register as the
central record of all fixed assets.
04 Physical Verification & Tagging Conducting physical audits, applying asset tags, and reconciling
counts with the register.
05 Depreciation & Valuation Applying depreciation methods, estimating useful lives, and
maintaining accurate carrying values.
06 Transfers & Usage Managing inter-departmental transfers, location changes, and
tracking asset utilisation.
07 Disposal & Retirement Handling write-offs, sales, and scrapping — including
accounting for gains or losses on disposal.
08 Impairment & Idle Assets Identifying impairment indicators, performing impairment tests,
and managing idle or obsolete assets.
09 Insurance & Risk Mitigation Ensuring adequate insurance coverage and implementing
controls to protect organisational assets.
9 Module · Full Asset Lifecycle Finance & Compliance