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 Milwaukee 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.

Milwaukee is the largest city in Wisconsin. The city is located on the south west shore of Lake Michigan. Milwaukee has an estimated population of around 600,000 people. Education in the USA is provided by both public and private schools, and is mandatory until the age of 16.  Pupils conducting their schooling within the USA start off at preschool, followed by elementary school, then middle school, before finishing at high school.  At age 18, US citizens are able to engage in higher education.  Higher education in the USA normally comes in the form of a college, undergraduate school, or a community college – that latter of which doesn’t normally cost anything to attend.  Candidates participating in a course at a college will gain credits towards a bachelor’s degree, whilst candidates participating a course at a community college will be earning credits in order to achieve an associate’s degree. The public school system in Milwaukee is run by the local school district (MPS). There are 323 schools for 90,000 students. There are specialist magnet schools for those with an interest in academics or the arts. Of persons in Milwaukee aged 25 and above, 84.5% have a high school diploma, and 27% have a bachelor's degree or higher. In 2000, Milwaukee ranked 6th among the 30 largest North American cities in number of college students per capita. Higher education institutes in the Milwaukee area include: Medical College of Wisconsin, Milwaukee Area Technical College, Milwaukee Institute of Art and Design and Milwaukee School of Engineering. At The Knowledge Academy we offer over 50,000 classroom based training courses in the United States, including popular locations such as Milwaukee.

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Address

Downtown Milwaukee
250 East Wisconsin Avenue
18th Floor
Milwaukee
Wisconsin
53202

T: +1 7204454674

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 Milwaukee. 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 Milwaukee, 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 Milwaukee FAQs

Please arrive at the venue at 8:45am.
We are able to provide support via phone & email prior to attending, during and after the course.
Delegate pack consisting of course notes and exercises, Manual, Experienced Instructor, and Refreshments
This course is [ ] day(s)
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The training fees for Fixed Assets Accounting and Management Course certification in Milwaukee starts from $1495
The Knowledge Academy is the Leading global training provider for Fixed Assets Accounting and Management Course.
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Why choose us

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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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