Blog

Posts Tagged ‘certified appraisal’

September 15, 2011 IFRS Debate Continues: Centre for the Study of Financial Innovation Holds Roundtable on IFRS

International financial experts came together at a roundtable to discuss and debate the future of global standards and the likelihood of a truly comparable set of rules such as the International Financial Reporting Standards (IFRS). A recap of the discussion was published in Accountancy Age. The group discussed whether the promise of global accounting standards [...]

August 4, 2011 AICPA Survey Shows that U.S. Accountants Have Some Knowledge of IFRS

According to the results of the IFRS Readiness Survey released by the American Institute of Certified Public Accountants (AICPA), the majority of CPAs in the U.S. have some knowledge of the International Financial Reporting Standards (IFRS). Not surprisingly, IFRS knowledge is highest among those CPAs who work in foreign-owned public companies. The survey also shows [...]

May 3, 2011 Deconstruction Appraisals Can Provide Significant Tax Breaks for Building Owners

In the real estate and construction world, deconstruction is the disassembly, rather than demolition, of an existing structure. Owners can then donate reusable material from these jobs to a qualified non-profit organization and receive considerable tax breaks, depending on how much the donated material is worth. Almost all materials qualify for donation, including siding, roofing, [...]

January 28, 2011 Collateral Proves Valuable for Businesses Seeking Loans

In the current climate of small business lending, companies that have tangible assets, such as property and/or equipment, have a leg up over companies that don’t, according to an article The Wall Street Journal, “Firms with Collateral Gain an Edge.” “Companies that hold tangible assets like buildings or other types of property are getting a [...]

July 30, 2010 Small Business Lending Still Considered Sluggish, According to Federal Reserve

Despite recent indications that banks were beginning to lend to small businesses again, which we discussed in a recent blog post, at a recent small-business forum, the Federal Reserve chairman, Ben Bernanke, indicated that he was still concerned about the lack of small-business lending. A recent New York Times article notes that experts are unsure [...]

May 27, 2010 The Importance of an Unbiased Third-Party Opinion

To derive a proper opinion of value, no matter what the situation, getting an appraisal performed by an unbiased third party, such as a certified appraiser, is always the best course of action.  To be unbiased, the professional developing the opinion of value should not have any vested interest or participation in the opinion of [...]

March 19, 2009 Why use a certified appraiser?

A survey was recently conducted at an American Institute of Certified Public Accountants Conference in which more than 100 CPAs said that when assigning value to a business’s tangible assets, like machinery, one of the biggest problems they face is liability risk as a result of invalid information. This is one of the reasons why [...]