Real Asset Management

ADDRESS: Central Court, Knoll Rise, Orpington, Kent, BR6 0JA

T: 01689 892 126

E: solution@realassetmgt.co.uk

W: www.realassetmgt.co.uk

CONTACT NAME: Karen Conneely 

STAND NUMBER: 3

With the requirement to comply with IFRS and component accounting, Real Asset Management (RAM) has had another whirlwind year in the public sector, with a large number of Local Authorities choosing to implement Asset4000 including Birmingham City Council, Southwark Council, Stevenage Borough Council,  Staffordshire County Council, Wychavon District Council, Chichester District Council and Epsom & Ewell Borough Council.

With a commitment to ongoing development and first class customer service, RAM prides itself in its ability to keep its software and consultants up-to-date with the latest sector requirements, ensuring that the stress of compliance is minimised. This is clearly reflected in the growing number of 400+ Local Authorities, Housing Associations, NHS Trusts and Central Government Departments and Agencies using the software. 

RAM's IFRS capital accounting solution caters for the following:

• Historic/current cost depreciation
• Compliance with IFRS and component accounting requirements
• Auto generation of all GL postings relating to Depreciation, Additions, Disposals, Revaluations, Reserves and more
• Revaluation reserves at individual asset level
• Accounts for infrastructure assets
• Accurate categorisation and reporting of investment properties and assets held for sale
• HRA database for component accounting
• Leases under IFRS
• Fully customisable and standard reports
• Revaluation loss and Impairment events
• MRA depreciation calculations

With IFRS playing on the minds of most public sector bodies, take this opportunity to visit RAM at stand 3 to discover how straightforward compliance could be.