About this learning event

The program will be delivered through collaboration with CIPFA and a team of international and regional experts, ensuring the highest quality of training and combination of international guidance and regional context. This program recognizes the importance asset management plays in the effective delivery of public sector services. The program will entail several distinct but related modules, which cover key aspects of public sector asset management delivery with an emphasis on the need to think and act strategically. The training will be delivered over two weeks. The first week will take place in Autumn 2025 and the second one in Spring 2026. More precisely, the first week of the training will include the following 5 modules:

Module 1: Introduction, governance and organisation

• General introduction to Asset Management, what it is and why it’s important
• Governance for Asset Management
• Working with different parts of the organisation
• Introduction to how property services can be organised
• Peculiarities of public sector asset management in South East and East Europe: environment and key prerequisites

Module 2: Development of Property Asset management documentation and Asset Management Challenge

• Overview of the CIPFA approach to the development of asset management documentation
• Practical steps for developing the policy, strategy and action plan stemming from organisational aims, priorities and objectives
• Introduction to Asset Challenge and approaches for ‘high level’ and more detailed analysis
• South East and East Europe approach to development of asset management documentation

Module 3: Operational and Non-Operational Property

• Looks at different property types i.e. those that deliver services, those that provide community benefit and those that generate an income
• Utilises a workshop to identify from delegates the types of assets within their organisations and why each type needs to be examined in different ways.
• Looks at the peculiarities of South East and East Europe

Module 4: Performance Measurement and Data

• An overview of performance measures for assets and which are the most important in a public sector and specific building type context
• Performance Management and systems for collation of data
• Measuring Social Value and why it is important
• Supportive information systems: benefits of well-compiled and appropriately used asset registries
• South East and East Europe initiatives to establish comprehensive fixed public sector asset registries

Module 5: Financial Reporting

• Conceptual foundations of International Public Sector Accounting Standards
• Recognition and measurement of fixed public sector assets under IPSAS
• Preparation of the initial opening balance sheet under IPSAS and EPSAS

Faculty

• Gorana Roje, CEF associate fellow, Head of Unit for State Asset Management Strategic Planning Coordination, Ministry of Physical Planning, Construction and State Assets, Croatia
• Davide Bentley, CIPFA
• Eugenio Anessi Pessina: CEF associate fellow, Full Professor at Università Cattolica del Sacro Cuore, Milan, Italy

Who should attend

• This program is designed for:
  Senior officials (policymakers) at the ministries of Finance and other ministries engaged in public sector fixed asset management
• Public sector managers engaged in public sector accounting reforms, in asset management processes, in developing and maintaining asset records, and in managing asset portfolios.

Partners

This learning initiative is supported by: