Real Asset Management has announced that Cardiff Community Housing, South Yorkshire Housing Association and Worthing Homes are set to use its Asset4000 system to support component accounting and for compliance with the Statement of Recommended Practice (SORP) which takes effect from April 2012. Under the new SORP guidelines, housing providers will have to divide their…
RAM signs new customers for SORP & component accountingRead More →
Asset Management
Southwark Council implements Asset4000
Southwark Council, London’s largest social landlord, is just about to start the implementation of Asset4000 to support component accounting for its £3.4 billion assets. Dennis Callaghan, chief accountant, Southwark Council, said, “The complexity of having to adopt IFRS accounting processes means that we need a tool to let us manage our assets at a more…
Southwark Council implements Asset4000Read More →
Broadacres manages £160m assets with RAM
Yorkshire-based Broadacres Housing Association has chosen Asset4000 from Real Asset Management to manage its £160 million housing assets in line with the Statement of Recommended Practice (SORP) for component accounting. Richard Armitage, financial performance manager, Broadacres Housing Association, said, “At the moment we have a housing management system, but we knew that we would inevitably…
Broadacres manages £160m assets with RAMRead More →
Component accounting from Keystone
Asset management system provider Keystone has launched what it says is the first component accounting system specifically designed for the housing sector. Keystone Component Accounting is built within Keystone’s existing asset management database, removing the need to create new business processes and IT interfaces to update asset management and component accounting records. This implicit cross-reference…
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SDS housing development software at Eildon
Scottish Borders-based Eildon Housing Association has replaced its spreadsheets with Shelton Development Services’ Sequel tool for the appraisal and management of its housing developments. Sequel helps Eildon’s planning team with project management and day-to-day cashflow controls as well as providing full reporting and management information from housing and asset management systems. Mark Walton, project leader,…
SDS housing development software at EildonRead More →
Sorting out your asset register
It has become increasingly important for housing providers to maintain good information about the assets they hold in addition to that which they need for day-to-day operations or accounts. The principle purposes are: Charging properties to lenders; Valuations for loan security or balance sheet purposes; Regulatory reports, including NROSH; Active asset management, where properties may…
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