Before we start a project, we confirm our understanding of the assignment, scheduling and fees. In most cases we set up an inspection visit. We take notes and photos, we look up specifications and documents related to the assets. We agree on the prerequisites of the valuation and the level of details required. The most common value prerequisites are Going Concern (market value in continued use), Orderly Liquidation and Forced Liquidation. All or agreed values are included for each item of the valuation.

Other value bases may also be considered if a USPAP type valuation is required.

Purpose of Use:

• Banking and Finance
  Establish pre-lend security, asset identification, disposal.
• Auditing and tax consolidation
  Official company reporting, asset registers, tax consideration, national and international transfer pricing.
• Mergers and Acquisitions
  Professional, independent opinion of value for negotiation, disposal.
• Insurance
  Replacement and reinstatement to meet asset value, registration, avoid over insurance and under insurance.
• Legal
  Divorce and other disputes inside and outside the court, 3rd party expertise.