NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
REAL VS FINANCIAL ASSETS | MEANING | DIFFERENCES Real and financial assets are two types of assets that are distinguished by their characteristics, uses, and values. Understanding the differences between these two types of assets can help individuals and businesses make more informed investment decisions and manage their assets more effectively. Real Assets: Real assets […]
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THE DIFFERENCE BETWEEN A QUANTITY SURVEYOR AND A VALUER A Quantity Surveyor and a Valuer are both professionals in the field of construction, but they have different roles and responsibilities. A Quantity Surveyor is responsible for managing the costs and finances of a construction project. They prepare bills of quantities, tender documents, and cost estimates.
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FAIR VALUE: ITS DEFINITION FORMULA AND EXAMPLE Fair value is an accounting term that refers to the estimated market value of an asset or liability. It represents the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The
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FINANCIAL ASSETS AND THEIR VALUATION Financial assets are instruments that represent a claim on an entity’s assets, income or cash flows. Examples of financial assets include stocks, bonds, mutual funds, exchange-traded funds (ETFs), and derivatives. Valuing financial assets is important for investors because it helps them determine whether the asset is undervalued, overvalued or
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HOW TECHNOLOGY IS REDEFINING PLANT AND MACHINERY VALUATION Plant and machinery valuation is an important aspect of many industries, from manufacturing to construction to agriculture. It involves determining the value of equipment, machinery, and other assets that are used in the production of goods and services. Accurate plant and machinery valuation is crucial for a
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APPRAISAL OF MACHINERY AND EQUIPMENT Appraising machinery and equipment is an essential part of many industries, including manufacturing, construction, and agriculture. The appraisal process involves determining the value of these assets, which can help businesses make informed decisions about buying, selling, insuring, or financing machinery and equipment. In this article, we will discuss the various
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COVERAGE UNDER PLANT & MACHINERY INSURANCE POLICY Plant and Machinery Insurance policy typically provides coverage for physical loss or damage to various types of machinery and equipment used in businesses, such as factories, workshops, and manufacturing facilities. The coverage may include: Accidental damage: The policy typically covers accidental damage to plant and machinery caused by
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HOW TO SAVE MONEY ON PLANT HIRE EQUIPMENT Plant hire equipment can be an expensive cost for many businesses. Whether you’re a small business or a large corporation, saving money on plant hire can help you cut costs and increase profitability. Here are some tips to help you save money on plant hire equipment:
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4 EASY-TO-FOLLOW TIPS FOR RELOCATING YOUR PLANTS AND MACHINERY Moving plants and machinery from one location to another can be a daunting task, especially if you have delicate equipment that requires special care. However, with careful planning and execution, you can relocate your plants and machinery without any stress or damage. Here are four easy-to-follow
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DEPRECIATION IMPACT ON PLANT AND MACHINERY Depreciation of plant and machinery refers to the gradual decrease in the value of these assets over time due to wear and tear, obsolescence, or other factors. This decrease in value is recorded as an expense on the company’s financial statements, reflecting the reduction in the asset’s worth. Depreciation
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SIX IDEAS TO SUCCESSFULLY EVALUATE YOUR PROPERTY Evaluating your property is an important task, whether you are planning to sell it, refinance it, or simply want to know its current market value. Here are some ideas to successfully evaluate your property: 1. Hire a professional appraiser: A professional appraiser can provide you with an accurate
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WHAT IS CONTRACTORS METHOD OF VALUATION OF COMMERCIAL PROPERTY Contractors method of valuation is one of the methods used to value commercial property. This method is also known as the “cost approach” and is often used when valuing new or recently built properties. The contractors method of valuation involves estimating the cost of replacing the
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