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Archive for the ‘Appraisal Terms’ Category
March 3, 2011 American Society of Appraisers Offers Webinar on International Financial Reporting Standards
We’ve spoken at length in previous blog posts about the upcoming shift in accounting standards from Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS). It’s a complex and sometimes confusing subject that will affect all certified appraisers in some way. The American Society of Appraisers has announced a webinar titled “Fair Value [...]
February 8, 2011 The Key to Small Business Lending is Collateral
If you read two of the article titles in small business section of The Wall Street Journal (WSJ) this week, you might be a little confused about what’s really going on in terms of small business lending – “Banks Reach Out to Small Firms” and “Is Lending to Small Business Really Up?” What? For the [...]
February 1, 2011 The Real Estate Industry Expands Its Vocabulary
For better or worse, the English language is constantly evolving. Ten years ago, text was only a noun. Now it’s a verb. The same with Google. Some terms come into the vernacular in response to things that are happening in the world. Recent changes to the real estate industry have given birth to three new [...]
January 6, 2011 Top 5 Business Valuation Posts from Present Value in 2010
Here are some of Present Value’s blog post gems on business valuations and appraisal from 2010 that we believe will be helpful to business owners as they look forward in 2011. What’s Your Business Really Worth? A recent article on Inc.com, “How to Find Out What Your Business Is Really Worth,” provides advice from a [...]
November 30, 2010 Spelling Out the Alphabet Soup: SEC
The past few blogs have been dedicated to discussion of the possible conversion of accounting standards in the United States from Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS), depending on an upcoming decision by the SEC. We’ve delved pretty deeply into GAAP and IFRS, but who or what is the SEC? [...]
November 18, 2010 Experts Recommend Companies Adopt IFRS Standards Ahead of SEC Decision
Last week’s post regarding IFRS sparked a lot of interest, so we thought we’d revisit the topic this week. As a refresher, IFRS stands for International Financial Reporting Standards. It’s a set of international accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS is issued by the [...]
September 23, 2010 Who Needs a Certified Machinery and Equipment Appraisal? Part 2
We have discussed in numerous posts reasons why you should always rely on a certified machinery and equipment appraiser (CMEA). To reduce your risk of liability, you should be sure that the appraisal is conducted by a certified professional. CMEAs meet all government training requirements, and will provide appraisal reports that are USPAP compliant and [...]
September 9, 2010 Three Things to Think About When Engaging a Machinery and Equipment Appraiser
An error in a machinery and equipment appraisal can be costly. You should have confidence that the appraisal values are accurate and are backed by evidence to support the fair market value, fair value, orderly liquidation value, or forced liquidation value. These three factors can help ensure that your machinery and equipment appraisal report will [...]
July 20, 2010 Common Definitions of Value for Machinery and Technical Assets
We talk a lot about the importance of knowing the value of your machinery and equipment, but sometimes the language used in the industry can be confusing. It’s also important that you are able to understand what all of the terms mean when you engage a machinery and equipment appraiser. Below are some common definitions [...]
June 29, 2010 Case Study: Desktop Equipment Appraisal
Present Value LLC worked on an international project involving equipment being purchased from the United States and delivered to two locations in South America: Brazil and Chile. Due to time constraints, the client requested we perform a desktop appraisal. Once the client provided Present Value the necessary details, photos, and information on the equipment, we [...]