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:
Insurance
Security for loan from financial institutions
Rating and taxation
Assets listing and registration
Mergers and acquisition
Balance sheets or accounting
Privatization and commercialization
Public quotation or market capitalization
Sales/purchase
Partnership
Compensation in the event of Compulsory Acquisition