Rebuilding What Counts: A Practical Guide to TCA Policy and Process Renewal

Many local governments implemented Tangible Capital Asset (TCA) policies in 2008—but few have revisited them since. With outdated thresholds, inefficient processes, and neglected ledgers, it's time for a comprehensive review.

This course walks participants through how to modernize their TCA policies and procedures to reflect today’s financial realities and operational needs. From adjusting capitalization thresholds for inflation to streamlining asset tracking and ensuring your ledger reflects the current asset base, you’ll gain practical tools to improve both accuracy and efficiency.

You’ll learn how to:

• Assess and update outdated capitalization thresholds

• Align your TCA policy with PSAB 3150 and operational best practices

• Identify and correct missing, duplicated, or disposed assets in the ledger

• Design efficient workflows for asset additions, disposals, and amortization

• Create searchable and audit-ready TCA records

• Engage departments in ongoing asset management responsibilities

• Link your TCA records to long-term capital planning and reserve decisions

This course is ideal for finance professionals, accountants, and asset managers in municipalities and regional districts who want to bring their TCA policies and ledgers up to date—and build a more reliable foundation for capital planning and financial reporting.