Canadian Asset Amortization Tool (C.A.A.T.) provides a historical record of capital assets and calculates amortization (depreciation) on those assets for financial statement purposes. C.A.A.T. also provides documentation on acquisitions, disposals and capital gains for use in the preparation of income tax returns. C.A.A.T. produces hardcopy reports suitable for use in your working paper file, for filing with corporate and personal tax returns and for supplying a client with information on their capital assets. Although it was developed primarily for use by the accounting professional, this software can be used by anyone who wants to record and produce this information.
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