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.