In connection with integration of Kazakhstan into the world economy and accession to the WTO, ever-growing number of companies starts maintaining statements in accordance with IFRS standards.
Financial statements prepared in accordance with IFRS allow to:
- attract domestic and foreign investors and creditors;
- reduce the capital dotation costs;
- increase the company competitiveness.
Besides, statements in accordance with IFRS means objective information for making management decisions, reliable data for assessing effectiveness of the activities and planning, cost reduction for analyzing statements.
Valuation for IFRS purposes is carried out to reflect the fair value of the fixed assets and primary reporting to adequately characterize the company property status.
PKF-Valuation of Property has extensive experience and implements many valuation projects for IFRS purposes for various companies in the oil and gas, construction, food, agricultural, trade and other industries.
Working with us, you will receive the following benefits:
- Valuation of assets by highly qualified specialists, including those with international certificates RICS and CFA;
- Services, the quality of which meets high international standards;
- The objective value of your assets, value calculations of which are based on the estimated macroeconomic data purchased from the international analytical agency “The Economist Intelligence Unit” and analytical market and industry surveys carried out by our own analytics department;
- Asset valuation report recognized/approved by the international auditing companies BIG4, financial institutions and second-tier banks.
18 years of experience in the branching network of offices allows us to conduct a high-quality assets valuation in any city of Kazakhstan.
Property have the necessary competencies to valuate property for IFRS purposes. Our appraisers are certified by RICS (Royal Institute of Chartered Surveyors, Great Britain) and CFA Institute (Institute of Chartered Financial Analyst, USA), and use the international standards in their work and constantly improve their professional competencies.
Our company has a long-term positive experience of cooperation with auditing companies “BIG 4” on the approval of reports made for IFRS purposes in various sectors of the economy.
Some PKF-Valuation of Property Projects for Valuation for IFRS purposes:
A group of companies, an investment holding in the commercial real estate segment, a company managing large shopping and recreation centers, business centers, warehouse complexes.
Item subject to valuation: Real estate for IFRS purposes
Purpose of valuation: audit of financial statements (IFRS) conducted by the audit company "Ernst & Young"
Benefit for the company: the report was agreed with the auditors of the Ernst & Young company, the company successfully underwent the audit
A Company, JSC, involved in technological design of production facilities, residential and civil engineering buildings and structures, transport infrastructure facilities, connections and communications, agricultural facilities, architectural design of buildings and structures
Item subject to valuation: facilities under construction for IFRS purposes
Purpose of valuation: to identify the presence of depreciation of an object under construction
Benefit for the company: the report was agreed with the auditors of the Baker Tilly Eltal Kazakhstan, the company successfully underwent the audit
JSC, plant for ships and boats construction, steel structures manufacture, pressure vessels, tanks, process pipelines and filters, etc.
Item subject to valuation: Company assets for IFRS purposes
Purpose of valuation: audit of financial statements (IFRS) conducted by Deloitte
Benefit for the company: the company successfully underwent the audit
A Company, LLP, for rearing sturgeons in fish-farms
Item subject to valuation: Revaluation of fixed assets (biological assets) for IFRS purposes
Purpose of valuation: audit of financial statements (IFRS) conducted by NAC Centeraudit-Kazakhstan LLP
Benefit for the company: the company successfully underwent the audit
A Development company, LLP, involved in real estate portfolio ownership and management
Item subject to valuation: Real estate portfolio for IFRS purposes
Purpose of valuation: audit of financial statements (IFRS) conducted by KPMG Audit LLP
Benefit for the company: the company successfully underwent the audit