Fixed Assets: Tracking, Accounting & Optimization
Overview
Fixed assets play a critical role in an organization’s financial strength, operational performance, and strategic agility, and this course equips finance professionals with the skills to manage the full asset lifecycle with confidence. You’ll build a strong foundation in asset classification, recognition, and acquisition cost treatment, then progress to setting up effective tracking systems, internal controls, and best practices for ongoing management. The course covers depreciation, impairment, disposal, and retirement to ensure accuracy, compliance, and audit readiness, while also showing how asset data can be leveraged to improve reporting, support capital planning, and drive strategic value. Through practical examples, clear learning objectives, and knowledge checks, you’ll leave ready to enhance asset visibility, support audits, and contribute meaningfully to business decisions.
Learning Objectives:
After completion of this course, participants will be able to:
- Identify the criteria used to classify and recognize fixed assets.
- Select the correct accounting treatment for asset acquisition, depreciation, impairment, and disposal based on given scenarios.
- Recognize best practices for creating and maintaining a fixed asset register and tracking system.
- Differentiate between expenditures that should be capitalized versus expensed.
- Identify ways to use fixed asset reporting to support strategic decision-making and capital planning.
This course includes practical exercises, mentor insights, and scenario-based questions to reinforce learning and ensure participants can apply key concepts in real-world finance leadership situations. Upon successful completion, participants will receive a CPD-accredited certificate.
Lessons:
Lesson 1: Understanding and Accounting for Fixed Assets
Build a solid foundation in fixed asset management by mastering acquisition rules, depreciation methods, and compliance standards to ensure accurate, consistent, and strategic financial reporting.
Lesson 2: Managing the Fixed Asset Lifecycle
Manage fixed assets with confidence by maintaining accurate registers, optimising tracking and controls, and ensuring compliant disposals to protect value throughout the asset lifecycle.
Lesson 3: Leveraging Fixed Assets Strategically
Transform fixed asset management into a strategic advantage by using data for capital planning, investment analysis, and ESG reporting that drives long-term financial performance.
Additional Information
CPE Credit / CPD Hour: 1
Field of Study: Finance
No prerequisite knowledge is required to be successful in this course.
No advance preparation is required.
Program Level: Basic
Delivery Method: QAS Self Study
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