Organization Name / Organize By
Indepth Research Service
Organizing/Related Departments
Governance & Leadership
Organization Type
Organization
Training or Development ClassCategory
Both (Technical & Non Technical)
Training or Development ClassLevel
International
Related Industries
Education/Teaching/Training/Development
Location
Westlands, Nairobi, Kenya
Events: Fixed Assets Accounting and Management Course
Venue: Indepth Research Services, Nairobi, Kenya
Event Date: 11th – 15th June 2018.
NITA CERTIFIED
Recent Clients
INTRODUCTION
Accounting and management of fixed assets is very significant to any organization. Fixed assets are the major resources used to produce products and generate future benefits. This course deliberates the accounting and management of these assets. The accounting and management for fixed assets cover all life-cycles of fixed assets from creation or acquisition to utilization and maintenance until renewal or disposal. The management part also includes decision making tools like NPV, IRR and other capital budget comparative tools used to decide whether to acquire, replace or refurbish assets.
DURATION
5 days
COURSE OBJECTIVES:
By the end of this course, participants will be able to:
- Understand the requirements to establish a whole life asset management system of fixed assets.
- Recognize and correctly measure fixed assets under International Financial Reporting Standards (IFRS).
- Justify the accounting and reporting for transactions throughout the life of the assets.
- Explain the proper accounting for disposals, impairment, and sales of long lived assets.
- Evaluate investments in fixed assets according to Net Present Value (NPV), Internal Rate of Return (IRR) and other methods.
COURSE OUTLINE
- Organizational Responsibilities in Fixed Assets Accounting and Management
- Evaluating investments in assets
- Asset Valuation
- Multiple Unit Assets
- Numbering and Tagging Fixed Assets
- Asset Acquisitions
- Improvements, Betterments, and Maintenance
- Transfer of Fixed Assets
- Transfer and Removal of Surplus Property
- Retirement and Disposal
- Physical Inventory
- Periodic and Year-End Procedures and Records Maintenance
Visit our website for more details.
Tailor-Made Training
This training can also be customized for your institution upon request to a minimum of 4 participants. You can have it delivered in our training center or at a convenient location.
How to participate
- Tailors make your course.
- Register individual.
- Register as a group.
- Become one of our partners.
- Purchase software’s
- Frequently asked Questions (FAQ’s)
View related courses
- The Art of Networking Course
- Procurement and Supply Chain Management Course
- Advanced Data Processing and Management using Census and Survey Processing System (CSPro) Course
- Effective Message Development and Testing Course
- Panel Data Analysis with Stata Course
The most popular courses
- Data Management & Analysis for Surveys using Stata Course
- Diseases Surveillance and Reporting Course
- Data Management and Analysis for M&E in Development Programmes Course
- M & E, Data Management & Analysis for Health Sector Programmes Course
- GIS Analysis for Health Sector Programmes Course
- Cost-Benefit Analysis Using Microsoft Excel Course
View course catalogue in Research Institute
ACCOMMODATION
Accommodation is arranged upon request. For reservations contact the Training Officer.
Email: [email protected]. Mob: +254 715 077 817 Tel: 020 211 3814
PAYMENT
Payment should be transferred to IRES account through bank on or before C.O.B 04th June 2018.
Send proof of payment to [email protected].
Address/Venue
Rhapta Road, 104289
Pin/Zip Code : 00101