Commencing on January 1, 2009, the guidelines
set in PSAB Handbook 3150 Tangible Capital Assets will require
that government agencies recognize and amortize all their
tangible capital assets on a fiscal years basis. Along with
depreciation, every government or government organization
disclosure will need to report on the condition of their
tangible capital assets on their financial statements.
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Municipalities and large organizations are just beginning to manage
their infrastructure for the long-term, not just their current budget.
To do this, they need to understand the complete lifecycle cost of
keeping their infrastructure inventory in operation.
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Riva PSAB is the enterprise solution for meeting PSAB
3150 reporting requirements. Currently in use at leading
municipalities across Canada it is setting PSAB best
practice standards.
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PSAB
On Demand is the Riva Modeling hosted version of
Riva PSAB. It delivers all the key PSAB functionality
while providing a cost effective tool for managing
smaller asset inventories.
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Riva DS
is the enterprise version of Decision Support, and the
leading software solution for long-range planning of physical
assets. More.
DSOn Demand is the Riva Modeling hosted
version of Riva DS. It delivers all the key DS
functionality, optimized for managing smaller asset
inventories.
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