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Asset Management in the Public Sector

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Tangible (physical) assets are a vital corporate resource and applying the principles of asset management will ensure this resource input is at the lowest overall cost.

Date:

To be announced

Course Venue:

Online, instructor-led training or face-to-face (Midrand)

Cost:

See more...

R 3250 excluding VAT

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Course Objectives

Tangible (physical) assets are a vital corporate resource and applying the principles of asset management will ensure this resource input is at the lowest overall cost.

Next date: TBA

Understand the public sector asset management lifecycle and how effective management within each component can significantly contribute to bottom line savings and structure your asset management process. Gain a step-by-step implementation approach, assisting you to implement an asset management programme in your organisation in the context of existing technology.

You will learn

  • The asset management framework – the legislative base for asset management in the PFMA and MFMA., Accounting policy – the asset register and the treatment of assets in the asset registers of provincial and national departments., Accounting for capital assets and the inclusion of minor assets., The principles of asset management and the asset management process., 4-phase lifecycle., Ownership and control., Responsibility / accountability., Evaluating performance., Disposal., Identification of assets., Inventory management framework., Asset verification / stock take.

Who should attend

  • Accounting Authorities; Accounting Officers and Senior Managers in national; provincial and municipal government, Facilities Managers, Contract Managers, Sourcing Managers, Project Managers

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