Auditing and Governance Risk and Compliance

Auditing Asset Disposals and Write-Offs

Disposals and write-offs of assets and inventory are high-risk areas for fraud and value loss. This course covers auditing disposals: approval and authority, valuation and sale methods, auctions and scrap, write-off justification, documentation, accounting treatment and red flags of abuse.

5 days Classroom or live online English

Smart Horizon Certified - Global Leadership Consultants

Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

Assets sold too cheaply or written off improperly represent real losses. You will learn to audit disposals effectively.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

Difficulty translating subject knowledge into practical workplace decisions.
Inconsistent approaches to the activities covered in the course outline.
Lack of a structured plan for applying and reviewing new skills.

Course methodology

How you will learn.

Case studies of disposal fraud, sample testing exercises, data analysis and process reviews.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

Identify risks in asset disposals and write-offs
Review approval and authority controls
Assess valuation and sale methods
Test write-off justification
Verify accounting treatment
Recognise red flags of abuse

Target audience

Who should attend.

This course is suitable for:

Internal auditors
Finance controllers
Asset managers
Procurement and stores staff
Fraud examiners

Target competencies

Capabilities you will build.

Participants will develop competencies in:

Risk identification
Approval testing
Valuation review
Accounting verification
Fraud awareness

Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Disposal Risks

09:00–10:08Types of disposals
10:08–11:00Fraud schemes
11:00–11:30Coffee break
11:30–11:45Fraud schemes (continued)
11:45–12:53Controls
12:53–14:00Case study

Day 2Approvals

09:00–10:08Authority limits
10:08–11:00Committees
11:00–11:30Coffee break
11:30–11:45Committees (continued)
11:45–12:53Documentation
12:53–14:00Workshop

Day 3Valuation and Sale

09:00–10:08Valuation methods
10:08–11:00Auctions and tenders
11:00–11:30Coffee break
11:30–11:45Auctions and tenders (continued)
11:45–12:53Scrap sales
12:53–14:00Exercise

Day 4Write-Offs

09:00–10:08Justification
10:08–11:00Inventory write-offs
11:00–11:30Coffee break
11:30–11:45Inventory write-offs (continued)
11:45–12:53Accounting
12:53–14:00Exercise

Day 5Red Flags

09:00–10:08Patterns
10:08–11:00Analytics
11:00–11:30Coffee break
11:30–11:45Analytics (continued)
11:45–12:53Reporting
12:53–14:00Action plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon UK certificate of attendance. Smart Horizon UK programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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