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Description

Fixed Assets: Framing Asset Recognition, Writing and Rolling Out the Procedures Manual

Write the internal rules that settle expense versus asset decisions and have every team apply them

  • 0.43 days — 3 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

Each department settles the expense-versus-capitalisation question in its own way. Practices differ from one site to another, internal projects are capitalised inconsistently, and the documentation amounts to little more than habits passed on verbally. At every audit the same questions come back, and the answers depend on who happens to be in the room.

Three hours to build the asset recognition procedures manual: scope covered, qualification rules, approval route and the supporting documents expected at each step. Unlike the workshop devoted to journal entries and reporting packs, this session focuses on internal organisation and on putting the rules in writing.

Learning objectives

  • Define the scope and the intended readership of the procedures manual
  • Set out in writing the criteria distinguishing an expense from an asset
  • Describe the approval route for capitalisation decisions
  • Specify the supporting documents expected at each step
  • Organise the periodic review and updating of the manual

What makes this programme different

A manual template is completed section by section during the session
Borderline cases brought by participants become the raw material for the rules
An approval route with roles and required documents is drafted in workshop

Programme

1Framing the manual

Knowing what the document must settle

  • Define the scope of assets covered
  • Identify contributing departments and their roles
  • Map current practices and where they diverge
  • Set the level of detail expected

2Drafting the recognition rules

Giving a written answer to borderline decisions

  • Formulate the criteria for qualifying an item as an asset
  • Address internal projects and development costs
  • Frame subsequent expenditure and replacements
  • Describe the treatment of components and useful lives

3Approval route and control

Keeping the procedure alive

  • Describe the approval steps and the responsible owners
  • List the supporting documents by type of transaction
  • Plan consistency checks and physical asset counts
  • Organise updating and internal distribution

Who is it for

Accounting managers, internal control officers and project leads responsible for formalising fixed asset procedures.

Prerequisites

Working knowledge of fixed asset accounting rules.

Dates & locations

12 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.