Asset Management Masterclass

Offered by: Lifa n Lúce Consultancy
Delivery Mode: In-person / Online / Blended
Target Audience: Asset managers, finance officers, procurement staff, facilities managers, administrators, and anyone involved in tracking, managing, and safeguarding organizational assets
Objective: To equip participants with the knowledge and tools to effectively plan, record, maintain, track, and optimize the use of physical and intangible assets, ensuring compliance, cost-efficiency, and lifecycle performance.

• Definition and scope of asset management

• Types of assets: fixed, current, intangible, digital

• Asset lifecycle stages: planning, acquisition, use, maintenance, disposal

• Roles and responsibilities in asset management

• Importance of asset data integrity and accountability

• Creating and maintaining an asset register

• Asset tagging and coding systems (manual & barcode/RFID)

• Recording acquisitions, transfers, and disposals

• Asset verification and physical audits

• Inventory reconciliation and asset write-offs

• Asset classification and valuation methods

• Depreciation methods (straight-line, declining balance, etc.)

• Accounting treatment of assets in financial reports

• Asset revaluation and impairment

• Linking asset data to budgeting and forecasting

• Preventive and corrective maintenance strategies

• Risk management in asset utilization

• Compliance with internal policies and external regulations

• Disposal policy, asset recovery, and sustainability

• Using software and digital tools for asset tracking and reporting

• Asset register templates and depreciation calculators

• Real-world case studies and hands-on exercises

• Sample audit checklists and maintenance logs

• Certificate of Completion

• Optional: Integration with ERP systems or government asset policy frameworks