Evaluation of equipment and devices
Valuation of equipment and devices is a complex process that involves analyzing technical specifications, condition, and current market conditions. “PKF Valuation of Property” provides professional valuation services, offering reliable data to support well-informed business decisions across various industries.
What is Valuation of Equipment and Devices?
Valuation of equipment and devices includes assessing their technical condition, performance, brand, model, and current market demand. This process determines their market value accurately, which is crucial for various business operations such as purchase, sale, insurance, and accounting.
Why is Valuation of Equipment and Devices Necessary?
Valuing equipment and devices is essential for insurance, accounting, credit applications, equipment upgrades, and decisions about modernization or replacement. Knowing the real value of these assets helps optimize their use and minimize financial risks.
Features of Valuation of Equipment and Devices in Kazakhstan
In Kazakhstan, equipment valuation requires consideration of regional usage conditions, availability of spare parts, and maintenance services. “PKF Valuation of Property” specialists utilize international valuation methodologies tailored to local specifics, ensuring reliable and substantiated results.
Advantages of Choosing “PKF Valuation of Property”
As a member of the PKF Global network, we have access to advanced global practices and valuation methodologies. Our network of offices in nine cities across Kazakhstan allows us to provide services nationwide with high quality and accuracy.
When is Valuation of Equipment and Devices Needed?
Valuation of equipment and devices may be required in the following situations:
- Purchase and Sale: To determine fair market value.
- Insurance: For calculating insurance coverage amounts.
- Accounting: For accurately reflecting asset values on the balance sheet.
- Equipment Upgrades: For decisions on modernization or replacement.
What Documents are Needed for Valuation of Equipment and Devices?
The following list is not exhaustive; additional documents may be requested as necessary.
- Supply contracts, sales agreements – copies signed by the applicant’s manager and stamped;
- Invoices, delivery documents, transfer-acceptance acts – copies;
- Customs declarations – copies;
- Technical documentation – originals or copies signed by the applicant’s manager and stamped;
- Payment confirmation documents for equipment – copies signed by the applicant’s manager and stamped (if available);
- For legal entities, a statement of fixed assets account indicating the equipment’s initial cost, date of capitalization, accumulated depreciation, residual value, year of commissioning, and inventory number.
Which Banks Accept Our Valuation of Equipment and Devices Reports?
Our equipment and device valuation reports are accepted by all banks in Kazakhstan (Halyk Bank, Bereke Bank, Forte Bank, Jusan Bank, NurBank, Eurasian Bank, Bank Center Credit, RBK, VTB Bank) and major financial institutions like the Development Bank of Kazakhstan, Eurasian Development Bank, the European Bank for Reconstruction and Development and BV Management.
Accurate valuation of equipment and devices not only ensures precise cost accounting but also enables informed decisions on their usage and upgrades. “PKF Valuation of Property” provides expert data you can rely on for any business decision. Submit a request, and we will contact you to discuss your requirements and arrange a specialist visit.