Email Service Interuption

Please note that from approximately 3pm Thursday 6 October until midnight Friday 7 October, the Asset Management Council experienced a problem with our email server. During that time, we would not have received any email communications sent to us. If you emailed us during this time, could we ask you please re-send to us, or give our office a call on (03) 9819 2515 or send a message on our www.amcouncil.com.au site chatbot. We apologise for any inconvenience this causes.

Volunteers for Online survey: Public-Private Partnership for Smart Transportation Infrastructure Investment: Potential Risks and Lessons Learned

The University of Adelaide is undertaking a project on “Public-Private Partnership for Smart Transportation Infrastructure Investment: Potential Risks and Lessons Learned” and are looking for project professionals who are willing to participant in undertake an online survey which should take about 15-20 minutes and entitles you to a $15 Dymocks voucher.      

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Volunteers Wanted to provide Feedback to CD/ISO 55011,12,13

Thankyou to those who assisted in review of the following ISO/TC 251 documents in February 2022 by providing comments. 

  • ISO/CD 55011.2 – Asset management – Guidance for development and application of public policy to enable asset management 
  • ISO/CD 55012 – Asset management – Guidelines for people involvement and competence 
  • ISO/CD 55013 – Asset management – Guidelines on the management of data assets 

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Aligning Asset Management and Financial Reporting Approaches

ISO/TC251 Asset Management Committee released a resource in August 2022 “Aligning Asset Management and Financial Reporting Approaches”. This article highlights the different definitions of the term “asset” associated with current asset management and financial accounting best practices, and outlines how organizations should be aware of, and can handle those differences using a proposed mapping table approach.

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