Course information

Fixed Assets Accounting and Management Training Course Outline

Module 1: Introduction to Fixed Assets Accounting

  • Overview of Fixed Assets
  • Classification and Types of Fixed Assets
  • Importance of Fixed Assets Management

Module 2: Fixed Assets Acquisition and Valuation

  • Acquisition Process and Criteria
  • Initial Measurement and Valuation
  • Capitalisation Policies

Module 3: Depreciation, Amortisation, and Impairment

  • Methods of Depreciation
  • Amortisation of Intangible Assets
  • Impairment of Fixed Assets

Module 4: Asset Lifecycle Management

  • Asset Tracking and Inventory Management
  • Asset Maintenance and Repairs
  • Asset Retirement and Disposal

Module 5: Fixed Assets Accounting Standards and Compliance

  • Overview of IFRS and GAAP Requirements
  • Regulatory Compliance in Fixed Assets Accounting
  • Internal Controls and Auditing

Module 6: Financial Reporting and Analysis

  • Fixed Assets in Financial Statements
  • Analysing Asset Performance
  • Reporting for Management and Stakeholders

Module 7: Fixed Assets Software and Technology

  • Introduction to Fixed Assets Management Software
  • Implementing and Utilising Asset Management Tools
  • Best Practices for Automation and Efficiency

Module 8: Case Studies and Practical Applications

  • Real-World Scenarios in Fixed Assets Management
  • Problem-Solving and Decision-Making Exercises
  • Best Practices and Lessons Learned

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Who should attend this Fixed Assets Accounting and Management Course?

The Fixed Assets Accounting and Management Training Course is designed to provide delegates with the expertise required to manage and account for Fixed Assets effectively. This training course is particularly beneficial for the following professionals:

  • Accountants
  • Financial Analysts
  • Asset Managers
  • Property Managers
  • Fixed Asset Accountants
  • Finance Managers
  • Auditors

Prerequisites of the Fixed Assets Accounting and Management Course

There are no prerequisites for this Fixed Assets Accounting and Management Training Course.

Fixed Assets Accounting and Management Course Overview

Fixed Assets Accounting and Management is a critical aspect of financial Management that focuses on accurately tracking, valuing, and reporting an organisation's Fixed Assets, including property, plant, and equipment. Mastery in this area ensures that businesses maintain compliance with regulatory standards, optimise asset utilisation, and make informed financial decisions.

Proficiency in Fixed Assets Accounting and Management is crucial for Accountants, Financial Managers, Auditors, and Asset Managers. Mastering this discipline empowers professionals to effectively manage the lifecycle of Fixed Assets, from acquisition and depreciation to disposal, while ensuring accurate financial reporting and asset optimisation. It is essential for those aiming to enhance their expertise in financial Management and asset stewardship across various industries.

This comprehensive 1-day course by The Knowledge Academy equips delegates with the essential knowledge and practical skills needed for effective fixed asset Management. Through interactive workshops and expert-led sessions, delegates gain a thorough understanding of asset classification, depreciation methods, asset revaluation, and the impact of Fixed Assets on financial statements. Delegates learn to implement best practices in fixed asset Management, ensure compliance with accounting standards, and utilise technology for efficient asset tracking.

Course Objectives

  • To understand the foundational principles of Fixed Assets Accounting
  • To explore various depreciation methods and their financial implications
  • To apply asset revaluation techniques in accordance with accounting standards
  • To analyse the impact of Fixed Assets on financial statements
  • To optimise fixed asset Management processes for improved efficiency
  • To ensure compliance with relevant financial reporting standards

Upon completing this course, delegates will have acquired the knowledge and skills necessary to manage and account for Fixed Assets effectively, making them invaluable assets in their professional roles.

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What's included in this Fixed Assets Accounting and Management Course?

  • World-Class Training Sessions from Experienced Instructors
  • Fixed Assets Accounting and Management Certificate
  • Digital Delegate Pack

Why choose us

Our Mississauga venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Mississauga is the sixth largest city in Canada. It is in the south of the province of Ontario in the region of peel. The city is estimated to have a population of around 715,000 people. The rapid growth of this city is attributed to its proximity to Toronto. It was originally built as suburb of Toronto. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Mississauga is served by the Peel District School Board, which operates the secular English speaking public schools. There is also a school board that runs the local catholic schools and a board that runs the French speaking schools in the area, one for the secular French schools and one for the catholic French schools. There are a number of schools in the area that offer specialised programs. These include the French immersion schools such as Clarkson Secondary School and Streetsville Secondary School. There are three schools in the areas that off a Regional Arts Program and two that offer a specialist sci-tech program for students who are gifted in these areas. There is also two schools that offer support for those studying for the international baccalaureate plus numerous other programs. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Mississauga is home to one of the three campuses run by the University of Toronto. This university is ranked as the 34th best university in the world and is the second highest ranked Canadian university in the rankings. The campus was established in 1967 and is the universities second largest division. It is home to 12,000 students. They have 15 academic departments and pupils can choose from 148 programs to participate in from 89 areas of study. Students can study both undergraduate and graduate programs on this campus. This campus also has an excellent research environment that has helped the staff and researchers become internationally recognised for their work. The university includes Institutes for Management and Innovation, and Communication, Culture, Information and Technology.

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Address

Robert Speck 2
2 Robert Speck Parkway
Suite 750
Mississauga
Ontario
L4Z 1H8

T: +1 6474932992

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Fixed Assets Accounting And Management Course in Mississauga. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Fixed Assets Accounting And Management Course in Mississauga, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Fixed Assets Accounting And Management Course in Mississauga FAQs

The Fixed Assets Accounting and Management Courses covers the principles, practices, and regulations related to managing and accounting for an organisation's Fixed Assets.
Benefits of a Fixed Assets Accounting and Management Certification include gaining specialised knowledge, enhancing career prospects, improving asset Management efficiency, and ensuring compliance with financial regulations.
There are no formal prerequisites; however, a basic understanding of accounting principles may be beneficial for delgates.
You will receive comprehensive training materials, expert-led sessions, practical exercises, and a Certificate in Fixed Assets Accounting and Management upon course completion.
A background in accounting or finance is recommended, but specific qualifications depend on the course level and complexity.
The training fees for Fixed Assets Accounting and Management Coursein Mississauga starts from CAD1995
The Knowledge Academy is the Leading global training provider for Fixed Assets Accounting and Management Course.
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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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