(Click Category to List Courses)
4 - AAU - Accounting and Financial Auditing
AAU 160 - Introduction to Fixed Assets
| Code | Start Date | Duration | Venue | |
|---|---|---|---|---|
| AAU 160 | 30 October 2023 | 5 Days | Istanbul | Registration Form Link |
| AAU 160 | 25 December 2023 | 5 Days | Istanbul | Registration Form Link |
Please contact us for fees
Course Description
Fixed asset management is the process of tracking and maintaining an organization’s physical assets and equipment. A good fixed assed process will result in minimizing lost inventory, equipment failures and downtime, and improving an asset’s lifetime value. By the end of this course, participants will be able to identify available fixed assets plan and execute a fixed asset inventory.
Course Objectives
- Applying assets management
- Increasing assets utilization
- Making investment decisions
- Formulating policies and procedures
- Monitoring assets performance
Who Should Attend?
- Purchasing and facility supervisors
- Account managers
- Financial controllers
- Internal auditors
Course Details/Schedule
Day 1
- Definition of fixed assets
- The difference between assets and fixed assets
- Evaluating investments in assets
- Fixed Asset Turnover Ratio
- Where Net Revenue
- Aggregate Fixed Assets
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
Day 2
- Depreciation of Fixed Assets
- Types of Fixed Asset
- Tangible Assets
- Intangible Assets
- Current Asset
- ISO 55000
- Impairment write-downs
- Disposition
Day 3
- Risk management and asset management
- Fair value measurement
- Accounting over the life of the asset
- Costs incurred subsequent to purchase
- Leasehold improvements
- Accounting for leased assets
Day 4
- Tangible assets
- Land
- Building
- Machinery
- Vehicle
- Intangible assets
- Computer Program
- R&D
- Intellectual property (Patent & copyright, Trademarks)
- Goodwill
- Brand recognition
Day 5
- Subsequent expenditures on intangibles
- Auditing Fixed Assets
- Auditing Intangible Assets
- Planning the Fixed Asset Audit
- Property Tax Returns
- Property Insurance
- Property Maintenance
- Fixed Asset Reporting
- Construction-in-Process (CIP) Management and Control
