Financial management is conducted to provide fiscal and administrative support to all levels of an organisation. Its intent is to ensure that funds are provided expeditiously, and financial operations are conducted in accordance with established laws, policies, regulations and standards.
Asset Management is an important part of successful financial management. Assets form part of the operations of any organisation. The way in which these assets are managed will determine the financial wellbeing of the organisation.
The aim of this programme is to assist you in improving the financial management of your organisation by ensuring the effective management of its assets. We will examine the resources within an organisation that can be defined as assets, how these assets should be managed, and how these assets should be incorporated into the financial statements of an organisation to reflect its value.
Exit level outcomes
Define asset management
Understand, summarise and classify assets
Differentiate between fixed assets and stock
Explain the relationship between assets and risk
Discuss the basic principles of Asset Management
Describe the management of assets in an organisation
Discuss the maintenance of assets
Provide examples of the strategic value of assets for an organisation
Interpret financial reports in relation to assets and give feedback to stakeholders
Apply financial ratios to obtain asset value; and Give an indication of how the use and value of assets within an organisation can be optimised
The Asset Management qualification is an NQF Level 3 1-month programme
On completion, the following certification will be awarded:
A Regenesys Certificate will be awarded to all delegates who successfully complete all portfolio requirements; or
A Regenesys Certificate of Attendance will be awarded to all delegates who attended all training sessions, but who do not complete any portfolio requirements successfully.
The aim of this programme is to assist you in improving the fina…