Participants will gain an understanding of asset management in local government, from a finance perspective, covering the following outcomes:
• Role of asset management in the Integrated Planning and Reporting Framework
• Asset Management framework for local government
• Purpose of asset strategy, policy and management plans
• Asset management standards
• Financial benchmarks and performance for assets
• Financial planning and budgeting for assets
• Accounting for assets
• Asset condition, intervention levels, depreciation, gifting and revaluation
• Differentiating servicing, from asset maintenance and renewals
• Risk overview and assets
• Asset project reporting
• Financial reporting for assets
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