Conducting a Machinery and Equipment Appraisal is a critical process for businesses aiming to understand the true value of their tangible assets. This appraisal not only aids in financial reporting but also supports informed decision-making in various scenarios, such as sales, acquisitions, insurance, and taxation.
Comprehensive Machinery & Equipment Appraisals: Ensuring Accurate Valuations for Your Assets
Determining the precise value of your machinery and equipment is essential for informed decision-making in various business scenarios. At Absolute Appraisals & Consulting Inc., we specialize in delivering certified appraisals for all types of machinery and equipment. Our founder, Arlene Blake, CRA, P.App with the Appraisal Institute of Canada, is also an Accredited Member (AM) in Machinery & Technical Specialties with the American Society of Appraisers, ensuring that our clients receive expert and reliable valuations.
Conducting a Machinery and Equipment Appraisal is a critical process for businesses aiming to understand the true value of their tangible assets. This appraisal not only aids in financial reporting but also supports informed decision-making in various scenarios, such as sales, acquisitions, insurance, and taxation.
The Appraisal Process
Our appraisal process is thorough and tailored to meet your specific needs. We begin by collaborating with you to determine the appropriate valuation approach and definition of value for your situation. Our reports can feature current or retrospective valuation dates and encompass various definitions of value, including Fair Market Value, Orderly Liquidation Value, Forced Liquidation Value, and Insurance Values such as Actual Cash Value and Replacement Cost New.
Our appraisals can feature either current or retrospective valuation dates and encompass various definitions of value, including:
- Fair Market Value (FMV): This represents the estimated amount at which an asset would exchange hands between a willing buyer and seller, both having reasonable knowledge of pertinent facts and neither under compulsion to act.
- Orderly Liquidation Value (OLV): The estimated gross amount that could be realized from a liquidation sale, given a reasonable period to find a purchaser, with the seller compelled to sell on an as-is, where-is basis.
- Forced Liquidation Value (FLV): The estimated gross amount obtainable from a properly advertised and conducted public auction, where the seller is compelled to sell with a sense of immediacy on an as-is, where-is basis.
- Insurance Values: These include assessments such as Actual Cash Value (ACV) and Replacement Cost New (RCN), which are essential for determining appropriate insurance coverage.
What We Provide
Engaging Absolute Appraisals & Consulting Inc. ensures:
Unbiased Valuation: We deliver independent and impartial opinions on the value of your assets.
Ethical and Competent Service: Our appraisers conduct valuations and consulting projects with the highest standards of ethics and competence.
Confidentiality: We maintain strict confidentiality throughout the appraisal process.
Detailed and Reliable Reports: Our reports are comprehensive, accurate, and tailored to the stated purpose, ensuring they are not misleading.
Objective Compensation: Our compensation is not contingent upon the concluded value, ensuring objectivity.
Continuous Education: Our appraisers engage in ongoing education to stay abreast of the latest valuation techniques and processes.
Appropriate Valuation Approaches: We consider all relevant valuation approaches and apply the most suitable method for your assets.
Market and Utility Consideration: We assess the appropriate marketplace and highest and best use of your assets to provide accurate valuations.
By choosing Absolute Appraisals & Consulting Inc., you are assured of unbiased, confidential, and competent appraisal services. Our reports are detailed, reliable, and customized to fit your needs, ensuring that you have the accurate information necessary for financing, insurance, liquidation, taxation, estate planning, and other purposes.
Trust in our expertise to provide you with precise valuations that reflect the true worth of your assets.