IAMA

IAMA is supported by representatives from associations, local governments, first nations, agencies and private industry... It all began with a meeting in Red Deer in 2010 attended by asset management practitioners from Edmonton, Calgary, Red Deer and many other municipalities around Alberta. For most, the idea of municipal asset management grew from the Public Sector Accounting Board directive 3150 which required municipalities to inventory and depreciate their tangible capital assets in their financial statements beginning in 2009. The significant gap between remaining book value and actual replacement cost begged attention. Early AM practitioners in attendance recognized that funding replacement cost was key to maintaining sustainable services for citizens. Canadian Network of Asset Managers as well as Asset Management BC were newly formed organizations with the similar goals and objectives. Both were represented at the meeting provided the group with an overview of their..

Primary location: Calgary