Managing fixed assets and investing in capital projects are key to many sectors, especially in areas such as utilities, construction and telecoms.

Fixed assets managers therefore pay a crucial part in any investment-heavy sector ensuring that items that are owned, such as property, plant and equipment, are accounted for properly.

Increasingly fixed asset management is also extending to intangible assets such as brands and other forms of intellectual property rights.

The role of fixed asset manager is to analyse and report on these fixed assets. This work includes:

  • recording the cost of tangible and intangible fixed assets
  • tracking existing fixed assets
  • calculating and recording depreciation and amortisation
  • assessing and accounting for impairments
  • accounting for the disposal of fixed assets whether through a sale or at the end of their useful life.

Entry and progression

Forward thinking financial professionals can enter a career as a fixed assets manager at analyst level. Newly qualified professionals can often move into this area.

Experienced professionals have opportunities to progress upwards to supervisory and management positions.

Opportunities can also exist to work in related areas such as accounts payable.

ACCA develops the skills and knowledge required by forward thinking finance professionals, including fixed assets managers.

Exam options

For fixed assets managers or those who aspire to be fixed assets managers the most relevant exam options are:

Performance objectives

Remember it’s not just about exams. You need to have the right experience so that you are competent – you have the experience and knowledge – to start and continue your fixed asset management career.

Performance Objectives (PO) which would provide great experience and must be signed off as part of the Practical Experience Requirement (PER) could include:


High level competencies required by fixed assets managers include:

  • Stakeholder Relationship Management

    A. Positively develops relationships with internal and external stakeholders.

    B. Communicates and gains commitment from internal and external stakeholder.

    C. Uses emerging technologies to collaborate and communicate effectively with stakeholders.

    D. Applies professional and ethical judgement when engaging with stakeholders.

    E. Aligns organisational strategic objectives with stakeholder needs and manages expectations.

  • Strategy, Technology and Innovation

    A. Applies business acumen and commercial awareness to deliver business objectives.

    B. Recommends a range of suitable strategic options from which to develop plans and objectives.

    C. Evaluate, justifies and implements suitable strategic options.

    D. Adopts and applies innovative methods and technologies to implement strategy and manages change.

  • Ethics and Professionalism

    A. Develops advanced ethical values and professional skills in the promotion of public interest and the profession.

    B. Demonstrates personal effectiveness in fast changing environments.

    C. Encourages innovative thinking within the context of professional scepticism.

    D. Thinks proactively about the future, applying professional judgement and commercial intelligence and seeks specialist input when needed.

    E. Communicates effectively and influences others.