Beyond PSAB 3150

Effective asset data management requires more detail than generally required for regulatory compliancy. However, standards such as Section 3150 of the Public Sector Accounting Board (PSAB 3150) can serve as a catalyst for changes in the way that municipalities approach their infrastructure asset data. For example, in a previous post on this subject, I discussed the impact of the as-built backlog on the accuracy of PSAB 3150 reporting. My article, Streamlining Infrastructure Asset Management which was published in the August issue of Government Purchasing, continues discussion on this subject by looking beyond PSAB 3150. The article explores how Autodesk Topobase can support these new accounting standards and highlights examples from the City of Lloydminster, SK; Strathcona County, AB and Las Vegas, NV. Please be sure to check out my article on page 28 in the digital edition of the publication.