Valuation of Assets: including land, buildings, plant, machinery, furniture, fixture, fittings and equipment.
Assets valuation is the estimation of the market worth of an individual’s/organization’s asset at a particular time, for a specific purpose by professional valuers, employing universally accepted principles that best suit the goal of the client.
The purposes for which assets valuation could be required include:
- Assets listing and registration
- Rating and taxation
- Insurance
- Privatization and commercialization
- Balance sheets or accounting
- Mergers and acquisition
- Security for loan from financial institutions
- Partnership
- Public quotation or market capitalization
- Compensation in the event of Compulsory Acquisition