Characterisation
Identification, specifications, age, use, condition and documentation form the basis of the analysis.
- Machinery and equipment
- Vehicles and implements
- Furniture and asset sets
- Components and specialised assets
Identification, condition and valuation date
Appraisal of movable property with explicit purpose and references.
The appraisal defines the asset, its condition, relevant market, valuation date and purpose before selecting references and procedures.
Condition and depreciation
State of conservation, maintenance, obsolescence, useful life, capacity and operation are considered according to asset type and the possibility of inspection.
References
Market sources and comparison criteria are recorded with applicable adjustments and limits.
Contextual result
The value answers a defined purpose and valuation date; it is not presented as an immutable attribute of the asset.
Next step