Effective management of assets requires feedback. A well planned audit will check management systems and maintenance to identify
any deviations and make any necessary corrections. This publication provides guidance on types of audits, the audit process
and also the role of an auditor. An editable toolkit is provided in Microsoft Excel format. This toolkit identifies the key
functions of asset management and maintenance audits and the main activities in each area that should be audited. It also
provides questions to be asked, documents to be reviewed and a common scoring system. Organisations can adapt the toolkit
for their own audit and the results can be used to improve asset management.