All four chapters in the Background and Organisational Structures part have been updated:
Legislative Requirements and Government Guidance provides an overview of the most important sources of requirements and guidance for public sector asset managers.
Data and Records: Getting the Basics Right highlights the importance of an up-to-date asset register and what it should contain and covers requirements under the government’s data transparency policy.
International Financial Reporting Standards explains the requirements of IFRS that are relevant to asset management, covering asset categorisation, disclosures, revaluations, componentisation and leases.
The Role of Asset Management in the Organisation examines how asset management can benefit an organisation's corporate strategy.