Advanced Fixed Asset Management Strategies

Course Overview
The Geneva Institute of Business Management provides the Advanced Fixed Asset Management Strategies course, which teaches participants the skills, information, and insights needed to make the fixed asset function a key to increasing the company's return on fixed assets. Participants will learn how to accurately maintain the fixed asset database, how to gain the cooperation of line managers, and how to deliver critical data for a variety of reporting requirements. This training teaches best practices for asset tracking, depreciation, and disposal procedures, assuring financial correctness and compliance.

Course Objectives
By the end of this course, participants will be able to:

• Establish a company-wide fixed asset policy
• Create a fixed asset procedures manual
• Consult with the company's accounting and tax professionals
• Reduce the company's real and personal property taxes
• Ensure proper insurance coverage of fixed assets
• Help ensure complete insurance recovery after a disaster
• Choose effective fixed-asset software
• Choose effective bar-coding hardware and software
• Take a fixed asset inventory

Course Outline
The Advanced Fixed Asset Management Strategies course is structured around key modules to deliver a deep understanding of asset management principles and practices:

• Module 1: Introduction to Fixed Assets
  Understanding asset categories, classifications, and accounting standards.
• Module 2: Asset Lifecycle Management
  Managing acquisition, maintenance, and disposal of assets efficiently.
• Module 3: Depreciation Methods and Financial Reporting
  Implementing various depreciation techniques and understanding their impact on financial statements.
• Module 4: Asset Tracking and Inventory Systems
  Utilizing technology for accurate asset tracking, record keeping, and reporting.
• Module 5: Risk Management in Asset Utilization
  Identifying and mitigating risks related to fixed assets to ensure compliance and operational efficiency.
• Module 6: Disposal Strategies and Compliance
  Proper procedures for asset disposal while adhering to legal and financial regulations.
• Module 7: Technology Integration for Fixed Asset Management
  Leveraging software tools and systems to improve the accuracy and efficiency of asset management processes.

Target Group
This course is ideal for professionals who manage, maintain, or oversee fixed assets within an organization. It is designed for:

• Finance professionals responsible for asset accounting and financial reporting.
• Asset managers and operations personnel seeking to improve asset utilization.
• Risk management officers involved in asset lifecycle risk mitigation.
• IT specialists implementing technology solutions for asset tracking and management.
• Executives and decision-makers looking to optimize their organization's asset strategy.

Program Cost
The cost of the program is available for two different durations:

• 5-day course: €3700
• 10-day course: €6500

This program is available on different dates, upon request. Please contact us to schedule the most convenient time for you or your organization.

Organizers
The Geneva Institute of Business Management organizes this course in collaboration with its partners across Europe.