Asset Valuation serves a company to have a solid understanding of its assets. This method is used to assess the worth of the company’s property, security and other items of worth. Asset Valuations are usually performed prior to the selling or purchasing of an asset.
Benefits from Asset Valuation
ACA works as an independent valuator to assess a well-organized and detailed inspection in order to bring you the following benefits:
- Determine the condition and the level of use by the ability to monitor assets.
- Identification of obsolete equipment or inventory which should otherwise be removed from fixed assets register.
- Determine the useful life of equipment