What to Know About F&A Optimization for Your Institution

What to Know About F&A Optimization for Your Institution

The asset verification process is often one of the hardest requirements to accurately fulfill due to limited organizational resources. Most departments do not have the resources to invest in a complete inventory verification and reconciliation…
How to Best Optimize Depreciation Components

How to Best Optimize Depreciation Components

Did you know that the depreciation of building costs over 40 or 50 years of composite life doesn’t take into account that many of the structure’s individual components won’t last that long?  When the depreciation method is used for…
Appraisal Valuation Frequency and Focus

Appraisal Valuation Frequency and Focus

Did you know that the industry best practice for onsite appraisals is anywhere from 3-7 years? Given the recent wild swings in construction material and labor costs, ignoring a regular review of your property schedules could prove to be a costly…
The HCA Approach

The HCA Approach

We're your integral partner, always available to help. We understand the risks that come along with asset management and how overwhelming it can be. Our goal is to simplify your process and make it easier for you. The HCA approach is how we…
Practical Solutions to Improve Asset Management in Your Institution

Practical Solutions to Improve Asset Management in Your Institution

It’s no secret that capital assets typically represent one of the largest values in your financial statements.  Many higher education institutions are faced with the dilemma of reduced resources and increased compliance demands in numerous…
what is building componentization

What is Building Componentization?

At HCA, we lead businesses through what is known as Building Componentization, a methodology for financial reporting and Federal overhead (F&A) cost reimbursement calculations. Utilizing this methodology provides the most accurate allocation…
property classifications

Property Classifications for Asset Management

When it comes to accurately scheduling your property values for insurance, it’s important to classify items correctly. What you may picture as a building or structure may not line up with your policy language. Additionally, some may not be…
capitalize or expense an asset

How to Determine Whether to Capitalize or Expense an Asset

Acquisitions are not always straightforward, making it difficult to decide whether to capitalize or expense an asset. Our staff assists public clients daily with asset capitalization and we frequently encounter scenarios that are not as simple…
preparing for your university’s inventory audit

Tips for Preparing for Your University’s Inventory Audit

When preparing for your university’s inventory audit, where do you begin? What should you focus on?  Auditors will typically select a sample population of assets to be reviewed. It’s vital to ensure that the following data elements and…
valuation methodology

How Valuation Methodology Impacts Outcomes

Just as apples are not oranges, there are often significant differences in appraisal services designed for large property programs and/or insurers. Frequently (and mistakenly!) viewed more as a homogeneous commodity than a customized service,…
why we appraise

Why We Appraise

HCA specializes in onsite property inspection and insurance appraisal services for a wide range of large property portfolio customers. The specific drivers for each client can vary, but there are common and interrelated themes in each engagement. Why…
property appraisals

Property Appraisals in Today’s Climate

In today’s climate, there are plenty of issues that can affect property values in dramatic ways. While we can’t predict with any level of certainty what will happen next, we can prepare based on what we’re seeing today. One thing we DO…