When it comes to asset management for government entities, we have extensive experience. Better data means better outcomes for your public entity, and we’re here to get you exactly that.
According to GFOA (Government Finance…
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Building componentization is the segregation of building “parts” into components that roll up into Building Shell, Building Services, and Building Fixed Equipment.
What you need to know about building components:
Component costs…
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Acquisitions are not always black and white, and it can be tough to determine when to capitalize and how much to capitalize. However, the asset classes in which we most commonly encounter capitalization issues are buildings, building improvements,…
https://hcamgt.com/wp-content/uploads/2021/09/capitalization-issues-1-scaled.jpeg17072560Jordan-Ann Poehttps://hcamgt.com/wp-content/uploads/2018/03/logo-update-300x97.pngJordan-Ann Poe2021-09-08 09:00:172021-09-02 12:26:54Common Capitalization Issues with Buildings, Building Improvements, and Infrastructure
The periodic fixed asset inventory process can be one of the hardest requirements to complete for an organization. As resources become increasingly more limited, it is critical to understand the inherent benefits and challenges of each so you…
https://hcamgt.com/wp-content/uploads/2021/08/fixed-asset-inventory-scaled.jpeg17072560Jordan-Ann Poehttps://hcamgt.com/wp-content/uploads/2018/03/logo-update-300x97.pngJordan-Ann Poe2021-08-25 09:00:222021-08-17 10:19:41Centralized, Decentralized, and Outsourced Fixed Asset Inventory – How to Tell Which is Right for Your Organization
“Property insurance coverage for water and wastewater utilities can present many challenges – for insurer and insured, alike. Accurate coverage begins with proper recording and valuation of the underlying exposures; however, property typically…
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When implementing a property appraisal program, you likely feel like you have a lot on your plate. We’re here to ensure you stay on track.
One of the most critical decisions you’ll face is selecting an appropriate threshold for property…
https://hcamgt.com/wp-content/uploads/2021/07/threshold-for-property-to-be-appraised-scaled.jpeg17072560Jordan-Ann Poehttps://hcamgt.com/wp-content/uploads/2018/03/logo-update-300x97.pngJordan-Ann Poe2021-08-11 09:00:082021-07-29 16:23:25Selecting an Appropriate Threshold for Property to be Appraised
RFID (Radio Frequency Identification) technology is revolutionizing the way assets are tracked and located. If you’re still using traditional methods such as barcode scanning, now is the time to understand the difference that RFID can make…
https://hcamgt.com/wp-content/uploads/2021/07/RFID-1-scaled.jpeg17142560Jordan-Ann Poehttps://hcamgt.com/wp-content/uploads/2018/03/logo-update-300x97.pngJordan-Ann Poe2021-07-28 09:00:532021-08-31 14:25:08RFID VS Traditional Methods
The concept behind capitalization is to spread out the expense of the benefit throughout the duration the benefit is received. The useful life represents the anticipated duration of the benefit the acquisition will provide. However, it’s not…
https://hcamgt.com/wp-content/uploads/2021/07/capitalize-acquisitions--scaled.jpeg7892560Jordan-Ann Poehttps://hcamgt.com/wp-content/uploads/2018/03/logo-update-300x97.pngJordan-Ann Poe2021-07-21 09:00:582021-07-06 14:47:07Questions to Ask When Determining Whether or Not to Capitalize Acquisitions
Audits can be overwhelming, stressful, and expensive. We make it easier by ensuring you have GASB 34/35-compliant, accurate asset data.
What is GASB 34/35
The General Accounting Standards Board (GASB) Statement 34 provides the framework…
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Fixed asset accounting is often a daunting task. At HCA Asset Management, we have assembled a team of asset accounting experts to create the most user-friendly and flexible asset inventory system available.
Meet HITS (HCA Inventory Tracking…
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Asset Management for Government Entities
Capital Asset ManagementBest Practices for Optimizing Depreciation Through Building Componentization
Building ComponentizationCommon Capitalization Issues with Buildings, Building Improvements, and Infrastructure
Capital Asset ManagementCentralized, Decentralized, and Outsourced Fixed Asset Inventory – How to Tell Which is Right for Your Organization
Capital Asset ManagementInsurance Coverage Challenges for Water and Wastewater Utilities
Insurance AppraisalsSelecting an Appropriate Threshold for Property to be Appraised
Insurance AppraisalsRFID VS Traditional Methods
Capital Asset RecordsQuestions to Ask When Determining Whether or Not to Capitalize Acquisitions
Capital Asset Management, Capital Asset RecordsWhat You Need to Know About Being GASB 34/35 Compliant
AuditsBenefits of Using a Fixed Asset Inventory System
Capital Asset Management, Capital Asset Records