Introduction
Mastering the complexity of fixed assets and their depreciation is essential for maintaining accurate financial records and ensuring compliance with accounting standards. This course is designed to provide participants with comprehensive knowledge and practical skills needed to effectively manage fixed assets throughout their lifecycle. It covers the key concepts, methodologies, and best practices for accounting, depreciating, and reporting fixed assets, enabling participants to make informed decisions and enhance their organization’s financial stability and transparency.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Fixed Assets
- Fixed assets and financial management.
- Fixed assets key concepts.
- Types and categories of fixed assets.
- Depreciation and its significance in accounting.
- Regulatory requirements and standards.
Recording of Fixed Assets
- Classifying fixed assets.
- Recording the acquisition.
- Capitalization policies and criteria.
- Fixed assets cost accounting.
- Internal controls for acquisition.
- Practical exercises on fixed asset recording.
Depreciation Methods
- Different depreciation methods.
- Choosing the depreciation method.
- Calculating depreciation expense.
- Impact of depreciation on financial statements.
- Changes in depreciation methods and estimates.
- Practical exercises on depreciation calculations.
Asset Management & Valuation
- Tracking and managing fixed assets.
- Fixed asset maintenance and monitoring.
- Utilizing assets and minimizing costs.
- Asset valuation and revaluation.
- Asset impairment testing and accounting.
- Disposals and retirements of fixed assets.
Compliance & Reporting
- Compliance with accounting standards.
- Reporting requirements.
- Internal controls and audit procedures.
- Enhancing transparency and accuracy.
- Addressing common issues and challenges.
By the end of this course, participants will be able to:
- Explore the fundamental principles of fixed asset accounting.
- Implement effective fixed asset management practices.
- Track and record fixed asset acquisitions, disposals, and depreciation.
- Ensure compliance with relevant accounting standards and regulations.
- Optimize the utilization and maintenance of fixed assets.
- Conduct accurate fixed asset valuation and impairment testing.
- Improve internal controls and procedures for fixed asset management.
This course is ideal for
- Accounting & finance officers.
- Fixed asset managers.
- Internal auditors.
- Compliance officers.
- CFOs and financial directors.
- Accounting managers.
- Consultants in financial management
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 05/05/2025 | 19/05/2025 | 02/06/2025 | 16/06/2025 |
| 30/06/2025 | 14/07/2025 | 28/07/2025 | 11/08/2025 |
| 25/08/2025 | 08/09/2025 | 22/09/2025 | 06/10/2025 |
| 27/10/2025 | 10/11/2025 | 24/11/2025 | 08/12/2025 |
| 22/12/2025 | 05/01/2026 | 19/01/2026 | 02/02/2026 |
This course will take place in Singapore on the following dates:
| 26/05/2025 | 16/06/2025 | 07/07/2025 | 28/07/2025 |
| 18/08/2025 | 08/09/2025 | 29/09/2025 | 20/10/2025 |
| 10/11/2025 | 01/12/2025 | 22/12/2025 | 12/01/2026 |
| 02/02/2026 | 23/02/2026 |
This course will take place in Amsterdam on the following dates:
| 12/05/2025 | 02/06/2025 | 23/06/2025 | 14/07/2025 |
| 04/08/2025 | 25/08/2025 | 15/09/2025 | 06/10/2025 |
| 27/10/2025 | 17/11/2025 | 08/12/2025 | 29/12/2025 |
| 19/01/2026 | 19/01/2026 |
This course will take place Online the following dates:
| 13/05/2025 | 10/06/2025 | 08/07/2025 | 05/08/2025 |
| 02/09/2025 | 30/09/2025 | 28/10/2025 | 25/11/2025 |
| 23/12/2025 | 20/01/2026 | 17/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
