Asset Management
Local government challenges
- GRAP 17 implementation and compliance
- Asset componentisation
- Recording and accounting for mainly Infrastructure assets
- Globular amounts and valuation of infrastructure assets
- Impairments
- Annual re-assessment of remaining useful lives (RUL)
- Annual financial disclosures (Notes and relevant Annexures)
- Lack in asset management skills and capacity
- Linking assets to sources of financing
- Capital expenditure versus operating maintenance and refurbishment cost
PwC proposition
We assist and work with municipalities in dealing with their asset management challenges by:
- Providing GRAP compliant fixed asset registers
- Performing asset verifications
- Performing condition assessments
- Providing our asset management system BAUD
- Striving to improve co-ordination across the departments in municipalities and the office of the CFO to break down the silo effect and improve asset management
- Assisting with the answering of asset related audit queries
- Advising on asset optimisation and alignment to service delivery requirements
- Providing training in asset management and related concepts
- Developing and/or advising on policies and procedures
Follow us
Contact us
Anastacia Tshesane
Regional Senior Partner, PwC South Market Area, PwC South Africa
Tel: +27 (0) 11 797 5802
