Throughout Canada, commencing on January 1, 2009, the guidelines set in PSAB 3150 Tangible Capital Assets (TCA) 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. Reporting expectations about future financing requirements for near-term replacement expenditures are also under consideration to determine whether they are possible and appropriate. See below for links to PSAB related sites.

Riva Modeling's PSAB solutions are the most widely used and comprehensive systems for delivering on PSAB requirements and as such they are setting many of the best practices standards. They are available in two formats,

More on Riva TCA.

More on TCA On Demand.

	Riva enterprise or On Demand Which solution is right for you? Riva enterprise solutions like Riva DS are installed onsite and integrated with existing systems. In general, they are suited to larger organizations that maintain in house tangible capital asset (TCA) database structures, GIS, and extensive financial packages. Municipalities with populations of 50,000 or more and corporations with over 25,000 tangible capital assets to manage usually require an integrated enterprise software solution. On Demand solutions like TCA On Demand are web hosted on Riva Modeling's secure servers. They provide smaller organizations with the advantages of the enterprise solutions while being optimized for working with smaller tangible capital asset (TCA) collections. Municipalities with populations under 50,000 and corporations with fewer than 25,000 tangible capital assets to manage may find On Demand solutions to be the best fit.

	collect and organize tangible asset data from a broad range of paper and electronic sources: Asset Registry; integrate disparate database systems including GIS and financial packages for centralized tangible capital asset data manipulation: Enterprise Inventory; perform integrated strategic short term tangible capital asset planning and maintenance management scheduling: Decision Support; perform integrated long range, 10 to 100 year, tangible capital asset planning and maintenance management forecasting: Decision Support; generate TCA reports to meet audit and regulatory requirements, e.g. PSAB 3150: Decision Support, TCA, GASB; track capital projects from inception, through design and approvals all the way to construction: Capital Project Management System.