Microsoft Dynamics-GP Fixed Assets Module
Learn how this module can help you meet the requirements of PSAB PS 3150.
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PSAB PS 3150

Welcome to the Diamond Municipal Solutions portal for valuable information related to PSAB PS 3150.

In 2009 the Public Sector Accounting Board mandates that all Canadian public sector organizations must report their non-financial assets, including tangible capital assets. Governments need to present information about their tangible capital assets and amortization in their financial statements to demonstrate stewardship and the cost of using those assets to deliver programs and provide services.

Diamond Municipal Solutions is deeply committed to assisting our clients and the public sector in achieving greater success, particularly as it relates to the new requirements of PSAB PS 3150. This portal contains important documentation that will assist your local government in preparing for these new accounting standards. Diamond will continue to post ongoing documentation that is applicable to all provinces across Canada so please continue to watch this site for the latest information.

2006 Diamond Client Conference

Banff, AB, October 22-25, 2006
Session: "Preparing for PSAB PS 3150"

At the most recent Diamond client conference, a session entitled "Preparing for PSAB PS 3150" was presented by Diamond and Tammy Wolters, Treasurer for the County of Lanark, ON. Lanark is a Diamond Municipal Solutions client and one of Canada's leading local governments in PSAB 3150 compliance. Below are the materials presented at this session.

Diamond Client Conference Presentation
County of Lanark - AIM Project Charter
County of Lanark - AIM Project Technology Mapping
County of Lanark - Fixed Asset Module Procedures

Webinar: PSAB PS 3150- First Steps to Compliance

November 17, 2006 Recently Diamond Municipal Solutions presented a webinar in conjunction with Pacific Alliance Technologies on the topic of PSAB 3150, asset, financial and work management as well as GIS enabled asset management. Click the link below to download the presentation that was delivered.
 
PAT PSAB3150 Final

Readiness Surveys

Both the provinces of Ontario and British Columbia have conducted readiness surveys related to PSAB PS 3150.

Ontario Readiness Survey June 2006
BC Readiness Survey September 2006  

Source Material

Diamond has compiled additional important documentation from various sources including the GFOA website and the Ontario Municipal Benchmarking Initiative (OMBI). We will continue to update this section as more information becomes available.

PSAB PS 3150 Statement of Principals
OMBI Guide 2006 (Whitepaper)

If you would like more information about how Diamond Municipal Solutions can help you prepare for PSAB PS 3150, contact your Client Care Associate.

Not Yet a Diamond client?

To request access to the PSAB PS 3150 information above, simply send an email to info@diamondmunicipal.com or call Toll Free: (877) 311-6522 to speak to a sales representative.