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ISO/TS 55010 · FINANCE–ASSET ALIGNMENT

When the asset register and the ledger disagree, 55010 is the referee.

ISO/TS 55010 is the guidance that makes ISO 55001 pay off: aligning financial and non-financial asset management so valuations, depreciation, renewals and the asset register tell one story. Not a certification — a working method we apply inside 55001 engagements or as a standalone alignment review.

Standalone or inside 55001Finance + engineering in one roomFixed-price quote
WHERE THE MISALIGNMENT BITES

Three symptoms we see in almost every first workshop.

SYM-01
Two asset truths

The engineering register and the fixed-asset ledger count different assets at different values — so renewals are argued from two different books.

SYM-02
Depreciation vs. condition

Straight-line depreciation says one thing, condition data another. Funding follows the accounting fiction instead of the asset reality.

SYM-03
Capex bids without line of sight

Renewal bids reach the board without the thread from asset condition to service risk to cost — and lose to whoever shouted loudest.

SEQUENCE — ALIGNMENT REVIEW

A four-step review, typically 4–6 weeks.

STEP 01
Register reconciliation

Engineering and finance registers matched — gaps, orphans and double-counts surfaced.

STEP 02
Valuation & lives review

Depreciation assumptions tested against condition and performance data.

STEP 03
Decision framework

One line of sight: condition → risk → renewal → budget, agreed by both teams.

STEP 04
Reporting alignment

Board and LTP reporting templates that read from the single source.

Q&A — ISO 55010

Yes — the alignment review stands alone and pays for itself in the first budget round it informs. If you later build toward 55001, the review becomes clause 6 and 7 groundwork, already done.

Both owners of asset truth: the asset/engineering lead and the finance lead, plus whoever signs renewals. Half the value is those three agreeing on one set of numbers — we facilitate exactly that.

No — 55010 is a technical specification, guidance rather than requirements. The deliverable is a reconciled register, an agreed decision framework and reporting your auditors and councillors both accept.

NEXT STEP

Get finance and engineering reading one book.

A thirty-minute call, the misalignments named, and a fixed-price quote for the review.

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