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:
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
Compensation in the event of Compulsory Acquisition