About ASPM
The Africa School of Project Management (ASPM) was established in the year 2000 in Kenya as a membership based professional management organisation. The school was formed to address capacity building needs among development partners, donor organizations, Government agencies, International and private sector firms in Africa.
The school has been pivotal in capacity building in South Sudan, South Africa, Botswana, Eritrea, Ethiopia, Kenya, Uganda, Congo, Somalia, Liberia, The Gambia, Tanzania, Burundi and Rwanda. The school has trained over 12,000 staffs who are involved in different projects and also conducted surveys, evaluations and research in different projects and businesses in Africa.
Course Objectives.
At the end of this training workshop, participants should be able to:
• Identify the sub-processes of the accounting, fixed assets and inventory processes
• Determine the risk areas of the accounting, fixed assets and inventory processes
• Design effective internal controls for the accounting, fixed assets and inventory processes
• Ascertain control objectives to be met by the designed internal controls
• Evaluate control weaknesses and design effective internal controls for given scenarios
• Identify and implement fixed asset maintenance requirements
• Monitor and evaluate asset usage
• Evaluate asset management in terms of organizational strategy
Target Groups.
• Audit Managers in Public and private sector
• Audit Supervisors
• Senior Audit Staff
• Chief Accountant
• Finance Managers
• Asset Clerks
Course Outline
• General Management Principles and Skills
• Planning – establishing and maintaining fixed asset inventory systems
• Control Ownership, Responsibility, and Accountability
• Asset Register and Asset record
• Inventorying – land, buildings, improvements, machinery and equipment assets
• Valuing/costing/depreciation – cost data and life expectancies
• Tracking controllable assets
• Recording additions and deletions
• Requirements of generally accepted accounting principles including GAAP Reporting Standards.
• Infrastructure and depreciation requirements
• Inventorying and valuing infrastructure
• Accounting for fixed assets
• Criteria for assessing maintenance performance.
• Measurement of the Elements of Financial Statements.
• Asset Transfers between organizations and entities.
• Exchanges of Assets.
• Asset Movement
• Operations and Maintenance Phase.
• Criteria for assessing maintenance performance
• Investment appraisal
• Fixed Asset Budgeting
• Fixed asset procurement and Supplier Selection
• Work breakdown structures.
• Critical path method/Network analysis.
• Bar chart/Procurement Schedule.
• Investment appraisal (Capital Budgeting).
• Project Auditing and Accountability
• Project Finance
• Breakeven Analysis
• Preparation of Financial Statements
• Disposal of fixed assets and asset register adjustment
• Storage and Warehousing
• Disposal management
• Disposal phase and process
• Database Management
• Action Planning
Way forward After the Training
Participants will be guided in developing work plans with the help of facilitators. ASPM will monitor implementation progress after the training.
Training Evaluation:
Participants will undertake a simple exercise before the training and after the training in-order to monitor knowledge gained through the training
Fee information:
The tuition fee is US D 1,190 Exclusive VAT. This caters for; • Six hours training every day • Training materials on soft / hard copy or both • Certificate • Meals-Tea at 10Am, Lunch, Tea at 4pm • One Tour or visit to our National parks/Zoo • Airport transfer.
How to Register
Kindly drop us mail at info@aspm.co.ke or apply through the online form
http://www.aspm.co.ke/index.php/online-application.