Fixed assets, such as immovable (land plots, buildings, infrastructure) and movable (furniture and fixtures, machinery, equipment) assets are critical for organizations to undertake their activities and keeping them managed is crucial for the organization's success.
Mature organizations typically have an enterprise asset management department that ensures the assets life cycle is documented, adhered to and properly reported to the relevant stakeholders, whether from a finance perspective, operational or investment strategic views.
Our caliber have extensive experience in asset management for public and private sectors, can support in inventorying the organization's assets, prepare data for the relevant stakeholders and ensure procedures are in place for robust monitoring.
Once fixed assets are inventoried, a detailed assets listing is important to enable organizations to monitor them, understand the valuation mechanism and makes it easier for organizations enterprise assets management departments to address the needs of the relevant stakeholders. The assets listing can be tailored to the needs but we expect that you may need to have the following criteria covered at the minimum:
The above are just examples of what our caliber can support you thinking about and can work with you to tailor the criteria further to address the needs of your clients and align with the international valuation standards.
Fixed assets data cannot be relied upon unless the proper valuation models are applied. Reporting fixed assets values to the organization stakeholders can be a daunting task if the proper valuation methodologies are not applied.
More often, we see different stakeholders look for different types of valuations, and therefore, we expect application of international valuation methods will ensure all stakeholders requirements are addressed.
Based on the fixed assets inventoried, the valuation approaches can be relatively easier to assign and agree, though the challenge is on the actual application.
Our candidates are well equipped with the necessary knowledge to support you in the valuation of the fixed assets and understand the following universally accepted valuation methodologies:
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