On successful completion of the Fixed Asset Accounting and Management course, participants shall be able to:

• Understand various concepts and terminologies related to fixed assets accounting and management
• Realise the importance of judicious consumption of fixed assets to increase profitability
• Learn about techniques, framework and treatment of fixed assets in the books of account
• Gain an understanding regarding various methods of acquisition of assets and manage costs related to them
• Know how efficient management of assets can avoid delay in production and allow the smooth running of operations
• Comprehend how fixed asset management can be used to give maximum returns to the stakeholders of the business

This is a collaborative Fixed Asset Accounting and Management training program and will comprise the following training approaches: Interactive lecture sessions, Problem-solving sessions, Presentations, Case studies, Group discussion, Management games. Solid State Training follows the ‘Do-Review-Learn-Apply’ model.

On successful completion of the Fixed Asset Accounting and Management course, participants shall be able to benefit their organization in the following ways:

• Establish responsibilities of managers for better management and control of fixed assets
• Achieve accurate valuation of fixed assets and hence gain true picture of the firm’s financial position
• Efficient tracking of tangible assets
• Use correct methodologies for the purpose of depreciation and amortization
• Ensure timely replacement of assets upon their obsolescence or end of economic life
• Establish best procedures for the purpose of up-gradation, improvements, maintenance of fixed assets and manage costs associated with it
• Help in the identification of risks associated with certain assets and managing them

Successful completion of Fixed Asset Accounting and Management course, shall benefit participants in the following ways:

• Deepen their understanding of financial accounting and draw a parallel between financial accounting and fixed accounting
• Sharpen their accounting skills by gaining knowledge of accounting treatments, posting, methods and techniques of fixed assets posting and recording
• Gain practical experience by solving numerical exercises and case studies
• Gain a cutting edge over your peers by acquiring advanced knowledge on the subject
• Be efficient at preparing financial reports
• Enhance your decision making and risk management skills