Accounting for Infrastructure Assets

This course is delivered in two online sessions via Teams (9.30am – 12.30pm on 13 and 15 August).

This practical one-day workshop covers the key aspects of inter-relationships between the concepts of asset management and accounting.

It is important Asset Managers understand the legal and accounting requirement their data is used for. It is equally important accountants understand the types and reasons for the expenditure and how this should be accounted for correctly.

In this workshop we discuss reporting requirements and relationships between operational, maintenance and renewal strategies for infrastructure assets.

Objectives

1. Understand Asset Management requirements in financial reporting
2. Understand the principles of accounting as they relate to Asset Management
3. Understand the principles of Asset Management as they relate to accounting.

Facilitator

Glen McIntosh

Glen has over 20 years of experience in infrastructure management and delivery. He has been creating LGA budgets, forward works programmes, and planning documents across the last six LTP cycles. And Glen was restructured enough times to have been responsible for most types of local government assets, and at most levels of management.

This broad experience means Glen has an inside understanding of working across the interface points between asset management, finance, corporate planning, consultancy, and governance.

Glen moved to the dark side seven years ago, becoming a consultant with T+T and now works with councils across NZ, as well as partnering with Āpōpō on industry leadership and training.