- An understanding of basic accounting principles
- Experience with financial reporting or asset tracking
- Familiarity with IFRS or local accounting standards
Audience
- Accountants
- Finance professionals
- Auditors and internal control personnel
Fixed Assets Management is a core component of financial and operational oversight in organizations.
This instructor-led, live training (online or onsite) is aimed at intermediate-level finance and accounting professionals who wish to effectively manage, value, and audit fixed assets in compliance with accounting standards and regulations.
By the end of this training, participants will be able to:
- Understand the life cycle and classification of fixed assets.
- Apply local and international accounting standards in asset valuation and depreciation.
- Manage fixed assets with proper controls, tools, and procedures.
- Comply with legal and tax frameworks relevant to asset management and reporting.
Format of the Course
- Interactive lecture and discussion.
- Lots of exercises and practice.
- Hands-on implementation in a live-lab environment.
Course Customization Options
- To request a customized training for this course, please contact us to arrange.
Introduction to Fixed Assets
- Concept and classification of fixed assets
- Importance in financial and operational management
- Accounting standards applicable in Ecuador (IFRS – Section 17 / IAS 16)
- Life cycle of a fixed asset
Registration and Control of Fixed Assets
- Policies for asset acquisition and capitalization
- Assignment and labeling
- Management tools and software
- Role of the physical inventory
Valuation and Depreciation
- Depreciation methods (straight-line, units of production, etc.)
- Revaluation and impairment of assets
- Practical depreciation calculations
- Accounting and tax treatment
Legal Framework and Auditing
- SRI regulations related to fixed assets
- Internal control and asset auditing
- Supporting documentation and records management
- Common findings in audits
Disposal, Sale, and Final Handling
- Procedures for asset retirement
- Sale, donation, or dismantling
- Tax and accounting aspects
- Closing reports and reconciliations
Practical Cases and Local Application (Guayaquil)
- Common issues in institutions in Guayaquil
- Case studies from public and private companies
- Inventory simulation and asset control
- Best practices in the region
Summary and Next Steps
United Arab Emirates - Fixed Assets Management and Control
Qatar - Fixed Assets Management and Control
Egypt - Fixed Assets Management and Control
Saudi Arabia - Fixed Assets Management and Control
South Africa - Fixed Assets Management and Control
Brasil - Fixed Assets Management and Control
Canada - Fixed Assets Management and Control
中国 - Fixed Assets Management and Control
香港 - Fixed Assets Management and Control
澳門 - Fixed Assets Management and Control
台灣 - Fixed Assets Management and Control
USA - Fixed Assets Management and Control
Österreich - Fixed Assets Management and Control
Schweiz - Fixed Assets Management and Control
Deutschland - Fixed Assets Management and Control
Czech Republic - Fixed Assets Management and Control
Denmark - Fixed Assets Management and Control
Estonia - Fixed Assets Management and Control
Finland - Fixed Assets Management and Control
Greece - Fixed Assets Management and Control
Magyarország - Fixed Assets Management and Control
Ireland - Fixed Assets Management and Control
Luxembourg - Fixed Assets Management and Control
Latvia - Fixed Assets Management and Control
España - Fixed Assets Management and Control
Italia - Fixed Assets Management and Control
Lithuania - Fixed Assets Management and Control
Nederland - Fixed Assets Management and Control
Norway - Fixed Assets Management and Control
Portugal - Fixed Assets Management and Control
România - Fixed Assets Management and Control
Sverige - Fixed Assets Management and Control
Türkiye - Fixed Assets Management and Control
Malta - Fixed Assets Management and Control
Belgique - Fixed Assets Management and Control
France - Fixed Assets Management and Control
日本 - Fixed Assets Management and Control
Australia - Fixed Assets Management and Control
Malaysia - Fixed Assets Management and Control
New Zealand - Fixed Assets Management and Control
Philippines - Fixed Assets Management and Control
Singapore - Fixed Assets Management and Control
Thailand - Fixed Assets Management and Control
Vietnam - Fixed Assets Management and Control
India - Fixed Assets Management and Control
Argentina - Fixed Assets Management and Control
Chile - Fixed Assets Management and Control
Costa Rica - Fixed Assets Management and Control
Ecuador - Fixed Assets Management and Control
Guatemala - Fixed Assets Management and Control
Colombia - Fixed Assets Management and Control
México - Fixed Assets Management and Control
Panama - Fixed Assets Management and Control
Peru - Fixed Assets Management and Control
Uruguay - Fixed Assets Management and Control
Venezuela - Fixed Assets Management and Control
Polska - Fixed Assets Management and Control
United Kingdom - Fixed Assets Management and Control
South Korea - Fixed Assets Management and Control
Pakistan - Fixed Assets Management and Control
Sri Lanka - Fixed Assets Management and Control
Bulgaria - Fixed Assets Management and Control
Bolivia - Fixed Assets Management and Control
Indonesia - Fixed Assets Management and Control
Kazakhstan - Fixed Assets Management and Control
Moldova - Fixed Assets Management and Control
Morocco - Fixed Assets Management and Control
Tunisia - Fixed Assets Management and Control
Kuwait - Fixed Assets Management and Control
Oman - Fixed Assets Management and Control
Slovakia - Fixed Assets Management and Control
Kenya - Fixed Assets Management and Control
Nigeria - Fixed Assets Management and Control
Botswana - Fixed Assets Management and Control
Slovenia - Fixed Assets Management and Control
Croatia - Fixed Assets Management and Control
Serbia - Fixed Assets Management and Control
Bhutan - Fixed Assets Management and Control