QLD Audit Office Recommendation for Management of Councils Assets

25427622 country bitumen roadOn 15th May Queensland Audit Office tabled a report in parliament concerning “Local Government Entities financial audit results 2017-18”. Amongst the recommendations is Recommendation 5 that asks that councils “continue to assess their processes for ensuring that asset registers are complete and remain current over time” as councils cant plan properly and manager their activities without complete and accurate asset information. Access the report here.

Aligning Asset Management Functions

AlignmentThe TC251/ISO55000 Committee recently released a short fact sheet with tips on how to get alignment in Asset Management between an organisations financial and non-financial functions by proposing a framework as a means of fostering that organisational alignment.  Take a look at the document here.

Benefits of an ISO55001 Asset Management System

BenefitsThe TC251/ISO55000 Committee, at which AM Council has representation, recently released a short document explaining how an asset management system contributes to delivering good asset management and derive value from your asset base. Take a look at the document here.