Good asset management requires constructive liaison between finance staff and asset managers. In order to ensure that appropriate asset management resources are provided asset managers need to collaborate with finance staff, understand their requirements and constraints and be able to offer solutions that reasonably overall satisfy both asset management needs and financial circumstances. This unit of study is not aimed at making asset managers into financial management experts but rather fostering through sufficient knowledge, a good understanding of the main accounting, valuation, and audit issues that the finance staff, have to deal with. It is also about providing common terms and definitions to avoid unnecessary confusion and communication break down between the various parties that must deal with these financial management issues relevant to infrastructure asset management.
The Unit Chair for this Unit is: Unit Chair Profile