Valuation of Infrastructure Assets

Tuesday, August 15, 2017, 9:00 AM - 4:15 PM NZST

SYNOPSIS

A key component of good asset management practices is the completion of reliable, consistent and comparable valuations of infrastructure assets. Such valuations also contribute to better accountability to stakeholders and, of course, better decision making by those who manage these assets.

Whether you intend to undertake part of the asset valuation yourself, or you intend to engage someone else to undertake it on your behalf, it is important you and your colleagues understand the principles of valuing infrastructural assets.  Valuing infrastructure assets can be tricky unless you know what is involved.

The infrastructure valuation course is aimed at public sector asset managers and finance personnel, and consultants undertaking infrastructure valuations on behalf of public sector clients.

The seminar focuses on the Depreciated Replacement Cost valuation method and covers;

  • The appropriate DRC valuation approach as identified in the NAMS Valuation and Depreciation Guidelines
  • Generic valuation issues associated with the DRC valuation methodology
  • Specific valuation issues associated with roading, water, wastewater, stormwater, drainage, and parks and recreation infrastructure as well as heritage and operational building assets
  • Accounting Standards associated with valuations
  • Compliance with Local Government Act and Public Finance Act requirements
  • Office of the Auditor-General feedback on valuation audit issues
  • Other emerging valuation issues

The seminar includes interactive sessions and case studies in groups.

Click here to register

Location

Copthorne Oriental Bay
100 Oriental Parade
Wellington, NZ

Contact

Trina Paul
021362638
trina.paul@ipwea.org