For those local to Melbourne, come along and join the Asset Management Council’s Melbourne Chapter on Thursday 29 September at the Transurban offices in the Docklands, for an in person lunch and technical presentation on Finance and Asset Management.
Click here to register your attendance
Date: Thursday, 29 September 2022
Time: 12pm – 2pm (light lunch provided)
Place: Transurban, Level 31, Tower 5, Collins Square, 727 Collins Street, Docklands
Cost: Free for AMCouncil members, otherwise $30
Earn: 2 CPD points
Presentation 1: Physical Asset Depreciation
Rosie will talk about asset depreciation for accounting and tax purposes and how to manage the differences that inevitably arise. As part of this Rosie will consider how sharing of data between finance teams and asset management teams can ensure more accurate depreciation policies, based on true asset lives, and help finance teams manage the level of granularity required by the Australian Capital Allowances Legislation.
Rosie Foldvari, Director, Property Evaluation Services, KPMG
Rosie is a Director within KPMG’s Infrastructure, Assets and Places (IAP) division and a leader of our Victorian practice of Property and Environmental Services (PES). Rosie is a Chartered Accountant and a member of the UK Chartered institute of Tax. Rosie has worked as a corporate tax specialist in Big 4 practice since 2007, specialising in Fixed Assets and Tax Depreciation since 2009. She works across numerous sectors supporting her clients when transacting in property, infrastructure and assets and throughout the asset lifecycle.
Rosie moved to Australia from the UK two and a half years ago and has been growing our national Tax Depreciation practice ever since. Rosie leads a team of Quantity Surveyors, Tax Professionals and Fixed Asset Accountants to provide a holistic approach to our clients and their Depreciation needs.
Presentation 2: The Non-Financial Value of Asset Valuations
Julian will talk about the value that can come from well executed asset valuations, how this drives the improvement in data quality and the non-financial benefits that are able to be realised in terms of:
- People – Accepting that data is an asset, facilitating change management, and enabling conversations across departments.
- Process – Standardising guidance and methods that enable automation, improving consistency, and enabling benchmarking.
- Data – Addressing data quality issues, ensuring asset information requirements are met, and introducing strategies to close data gaps.
- Technology – Enabling more interoperability and solution architecture between different data repositories and automating the transfer of data from construction into operations.
Julian Watts, Partner, Engineering, Asset Management & Project Delivery, KPMG
Julian is an international thought leader in infrastructure management and a Partner in KPMG’s Infrastructure, Assets & Places group. As a member of the KPMG Global InfraTech and Innovation Board, Julian’s focus is on the adoption of industry 4.0 technology and digital twins to enable better data-informed decision-making. Julian has worked with asset owners and operators of some of the world’s most complex transport, utilities, healthcare and government infrastructure across Australia, NZ, Asia, USA, UAE, and the UK.
With the Asset Management Council, Julian is the National Chair for the Data in Asset Management SIG.