Finance and TreasuryFixed Asset Accounting and Capital Expenditure Control
Fixed assets are the largest number on many balance sheets and the least verified, which is how organisations depreciate equipment that was scrapped years ago and capitalise repairs that should have been expensed. This course covers control. Delegates work through recognition and the capital against revenue distinction that determines both profit and tax, cost components and what may be included at initial recognition, and depreciation methods, useful lives and residual values with the judgement each requires. Revaluation, impairment and disposal follow. The physical asset register and verification count are treated as controls rather than as an accounting formality. Capital expenditure approval, budgeting and post implementation review are addressed. The course closes on componentisation and on assets under construction.
Course objectives
- Apply recognition criteria and the capital against revenue distinction
- Determine which costs may be capitalised at initial recognition
- Select depreciation methods, useful lives and residual values
- Account for revaluation, impairment and disposal
- Maintain an asset register and run a verification count
- Control capital expenditure approval and budgeting
- Handle componentisation and assets under construction
Who should attend
- Financial accountants and reporting staff
- Fixed asset and capital accountants
- Internal auditors verifying asset balances
- Engineering and operations staff raising capital requests
- Finance managers approving capital expenditure
Course outline
- 01Depreciating what was scrapped
- 02Recognition and the capital against revenue line
- 03Cost components at initial recognition
- 04Depreciation methods, lives and residuals
- 05Revaluation and impairment
- 06Disposal and derecognition
- 07Asset register and verification counts
- 08Capital approval, budgeting and post implementation review
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 21 to 23 October 2026 | Durban, South Africa | Classroom | R14,950 per delegate | Register Now |
| 10 to 12 February 2027 | Johannesburg, South Africa | Classroom | R14,950 per delegate | Register Now |
| 17 to 19 February 2027 | Online | Online | R6,500 per delegate | Register Now |