Accounting and Finance
Accounts Payable: Accounting and Management Best Practices
19–23 Oct 2026 · Jeddah
View courseAF-012
Certificate in Fixed Assets Accounting and Management
Intensive 5-day course · English, Arabic & European languages
- Duration5 days
- FormatClassroom or live online
- LanguageEnglish, Arabic or a European language
- CertificateARUK Certificate of Attendance
- FeeFrom £1,800 + VAT
Fixed assets professionals, financial controllers, and internal auditors learn to manage physical resources during this five-day course. The sessions move through the entire lifecycle of an asset, from acquisition through to disposal, using IFRS and PAS 55 standards. Delegates explore fair value measurement, depreciation methods, and investment evaluation using net present value and internal rate of return.
Classroom
Public courses in our cities
- 26–30 Oct 2026Doha£4,200 + VAT
- 9–13 Nov 2026Kuala Lumpur£1,800 + VAT
- 23–27 Nov 2026Abu Dhabi£4,200 + VAT
- 14–18 Dec 2026Barcelona£3,080 + VAT
- 28 Dec – 1 Jan 2026Jeddah£4,200 + VAT
- 4–8 Jan 2027Barcelona£3,080 + VAT
Show 23 more dates
- 18–22 Jan 2027Doha£4,200 + VAT
- 1–5 Feb 2027Frankfurt£2,600 + VAT
- 15–19 Feb 2027Geneva£4,200 + VAT
- 8–12 Mar 2027Rome£3,400 + VAT
- 22–26 Mar 2027Abu Dhabi£4,200 + VAT
- 12–16 Apr 2027Kuala Lumpur£1,800 + VAT
- 26–30 Apr 2027Cairo£2,280 + VAT
- 10–14 May 2027Barcelona£3,080 + VAT
- 24–28 May 2027Jeddah£4,200 + VAT
- 7–11 Jun 2027Barcelona£3,080 + VAT
- 21–25 Jun 2027Singapore£4,200 + VAT
- 5–9 Jul 2027Frankfurt£2,600 + VAT
- 19–23 Jul 2027Muscat£3,080 + VAT
- 9–13 Aug 2027Rome£3,400 + VAT
- 23–27 Aug 2027Casablanca£2,280 + VAT
- 13–17 Sep 2027Kuala Lumpur£1,800 + VAT
- 27 Sep – 1 Oct 2027Manama£3,080 + VAT
- 11–15 Oct 2027Barcelona£3,080 + VAT
- 25–29 Oct 2027Amman£3,400 + VAT
- 1–5 Nov 2027Barcelona£3,080 + VAT
- 15–19 Nov 2027Madrid£3,400 + VAT
- 6–10 Dec 2027Frankfurt£2,600 + VAT
- 20–24 Dec 2027Berlin£3,400 + VAT
Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%
Can't make these dates? We can run this course for your team on dates that suit you. Ask for custom dates · In-house options
Online (live)
With a trainer, on dates to suit your team
This course can be taught live online by a trainer, in English, Arabic or any European language, for one person or a whole team.
£1,850 + VAT
Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%
Special requests
Tailor this course
Pick what you want changed and we’ll come back with a proposal and price.
Course overview
Fixed assets are the foundation of any organisation's ability to generate future benefits and produce goods. Managing and accounting for these resources effectively is a core responsibility for finance teams. This five-day course covers the complete lifecycle of a fixed asset, starting at creation or acquisition, moving through maintenance and utilisation, and ending at renewal or disposal.
The syllabus draws heavily on the British Standards Institution's PAS 55 and the ISO 55000 framework. Delegates work through the 28 points of PAS 55, looking at strategy, controls, and management review to maximise asset utilisation. The sessions also introduce decision-making tools like the Internal Rate of Return (IRR) and Net Present Value (NPV) to help teams decide when to replace, refurbish, or acquire new equipment.
The accounting modules focus on the International Financial Reporting Standards (IFRS). Delegates study IFRS 16 for property, plant, and equipment, alongside IFRS 38 for intangibles. The training also explains capitalisation rules, the application of fair value measurement under IFRS 13, and various approaches to calculating depreciation and asset impairment.
Course objectives
By the end of the course, delegates will be able to:
- Build an asset management system using the 28 requirements of PAS 55 and ISO 55000
- Appraise fixed asset investments using the Internal Rate of Return (IRR) and Net Present Value (NPV)
- Measure intangible and fixed assets correctly under the International Financial Reporting Standards (IFRS)
- Account for asset transactions accurately across their entire working life
- Process sales, disposals, and impairment of long-lived assets
Target competencies
- Applying asset management principles
- Increasing the utilisation of assets
- Making investment decisions
- Formulating procedures and policies
- Using asset information systems
- Monitoring asset performance
- Applying capitalisation rules
- Accounting for assets under IFRS
Who should attend
This course suits:
- Fixed assets professionals and supervisors
- Account managers and financial controllers
- Purchasing and facility coordinators
- Internal auditors
- Maintenance managers and assistants
- Operations managers
- New staff responsible for handling fixed assets
Training methodology
- The course relies on presentations from the facilitator and the delegates.
- The groups also work through individual exercises, role plays, and specific case studies.
Course modules
- Module 1
The asset management function
- Introduction to the British Standards Institution's PAS 55
- Overview of the ISO 55000 standard
- Core objectives of asset management
- Benefits of effective asset management
- The PAS 55 requirements for effective asset management
- Combining risk management with asset management
- Module 2
Appraising asset investments
- Approaching investment decisions
- Understanding the time value of money
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Alternative tools for valuing investments
- Module 3
Measuring fair value
- Applying fair value under IFRS 13
- The three-level hierarchy for Fair Value (FV)
- IFRS valuation techniques
- Module 4
Initial measurement of long-lived assets
- Recognising and measuring fixed assets
- Different classes of long-lived assets
- Constructing tangible assets for internal use
- Recognising and measuring investment property
- Recognising and measuring intangible assets
- Disclosures required by the standards
- Module 5
Specialist accounting topics for fixed assets
- Capitalising borrowing costs
- Accounting for decommissioning costs
- Module 6
Accounting across the asset lifecycle
- Handling costs incurred after purchase
- Improvements to leaseholds
- Accounting for leased assets
- Later expenditures on intangible assets
- Accounting for assets using the fair value model
- Understanding component depreciation
- Module 7
Calculating depreciation
- Applying partial-year depreciation
- Using the straight-line depreciation method
- The units of production method
- Accelerated depreciation methods
- Adjusting and revising depreciation rates
- Module 8
Disposals and impairment
- Rules and definitions for asset impairment
- Accounting and measuring impairment
- Computing impairment and spotting indicators
- Accounting for idled or disposed assets
Certificate
Every delegate who completes the course receives an ARUK Training Certificate of Attendance.
Frequently asked questions
How do I register?
Choose a date and city in the schedule and press Register, or send us an enquiry. Our team confirms your place and sends an invoice.
Are fees shown with VAT?
Fees are shown per delegate and exclude VAT, which is added to the invoice where applicable.
Can this course be delivered for our team only?
Yes. Any ARUK course can be delivered in-house at your premises, in a meeting room we book for you, or 1-to-1.
Is this course available online?
Yes. We run it live online with a trainer, on dates that suit your team, for £1,850 + VAT per delegate.
Is there a group discount?
Yes. 20% for 2 delegates, 35% for 3 delegates and 50% for 5 or more delegates on the same course.
Can the course be delivered in Arabic or another language?
Yes. Our courses can be delivered in English, Arabic or any European language, by a trainer who teaches in that language. Mention your preferred language when you register or enquire.
What certificate will I receive?
An ARUK Training Certificate of Attendance.
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