Aimed at upskilling councils so that they can either learn how to do valuation internally or are in a better position to assess the quality of external consultants.  Covering the accounting standard and requirements, impacts on methodologies and the new national valuation guide for Local Council.

Bring your laptop; you will be designing the asset hierarchy, creating a valuation spreadsheet, supporting documents and preparing for audits.

A unique opportunity to upskill with the master of Asset Valuation.

Day One:

• Accounting Standard requirements.
• New National Valuation Guide for Local Government.
• Key data requirements.
• Designing the asset hierarchy considering raw data, differences in key inputs and asset management planning needs.
• Designing relevant assumptions.
• Use spreadsheet to allocate assumptions against assets and components.
• Creation other high-levels critical assumptions.
• Covering valuation algorithm issues.

Day Two:

• Set up high level critical assumptions and disclosure information.
• Set up hierarchy and component level assumptions.
• Clean and set up asset register.
• Dealing with in-year acquisition cost for specific assets
• Preparing for an audit
• Using valuation to assist with asset management planning.
  
  

Note: A minimum number is required to confirm the training, please check with us prior to making travel arrangements.

We will advise as soon as we have met minimum numbers. Accommodation is not included in the cost of this course.