The valuation of the market value of real estate is one of the most sought-after types of activities by both legal entities and individuals and includes determining the value of ownership or other rights, for example, the right to lease, the right to use, etc. in relation to various properties. When conducting real estate transactions, it is important to determine its market value in advance so that the transaction is beneficial to its participants.
· As a rule, the following real estate objects are assessed:
· Evaluation of apartments;
· Evaluation of commercial real estate;
· Evaluation of suburban real estate (cottages, houses, villas);
· Assessment of land plots;
· Evaluation of industrial property 😉
· Estimation of market rent (rental rate);
· Evaluation of construction in progress
· Valuation of real estate is made in the following cases:
· Purchase and sale transaction;
· Crediting on the security of real estate;
· Adoption of managerial and investment decisions;
· Valuation for the purposes of IFRS;
· Revaluation of fixed assets for the purpose of adjusting the taxable base;
· Assessment of the contribution to the authorized capital;
· Putting property on the balance of the enterprise;
· Definition of the rental rate of real estate;
· Property insurance;
· At liquidation of the enterprise;
· Assessment in the judicial proceedings;
· Implementation of projects for the construction or reconstruction of real estate;
· Determination of the cost of damage to the property.
· Evaluation of machines, equipment
The valuation of movable property (evaluation of machinery, equipment, evaluation of vehicles) implies the determination of the cost of a wide range of transport equipment, machines and equipment, machine tools, devices, computers, cars, technological complexes, production lines, power units, office equipment, furniture, office equipment, household objects and other objects. Evaluation of various vehicles is the most sought-after direction for valuing movable property.
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· The following objects of movable property are subject to valuation:
· Evaluation of cars and special equipment;
· Evaluation of machines and equipment;
· Assessment of sea, river vessels;
· Evaluation of wagons, locomotives and specialized railway transport;
Evaluation of aircraft;
· Evaluation of machine tools, technological complexes, production lines.
· Evaluation of vehicles, machinery, and equipment is made in the following cases:
· Realization of purchase and sale transactions;
· Obtaining a loan from the bank;
· The sale of objects at a price below the residual value;
The introduction of equipment as a contribution to the authorized capital of enterprises of various forms of ownership;
Transfer of property for rent to determine the rent and the tenant’s subsequent repurchase of property (if provided for in the lease agreement);
Liquidation of the enterprise, conducted both by the decision of its owners, and by the decision of the arbitration court;
Alienation or transfer of property belonging wholly and / or partially to the Russian Federation, to Moscow or to municipal entities;
Assessment of machinery and equipment within the framework of judicial proceedings.
Business valuation (enterprise, shares) is the determination of the value of a company (business), or more precisely, that portion of the value that falls on the valued shareholding. Depending on the number of shares, the package may be minority, majority, blocking or controlling. The valuation can be made with respect to any types of shares – common, preferred, issued by both open and closed joint-stock companies.
· The following shall be assessed:
· Evaluation of the enterprise (business) as a whole;
· Evaluation of the stake in the enterprise;
· Estimation of shares, equity deposits;
· Evaluation of securities (bills of exchange, bonds).
· The valuation of the business (block of shares) is made in the following cases:
· The enterprise changes the composition of shareholders;
· At sale of share holdings, a share of the enterprise;
· The enterprise acquires new companies, at the same time, the valuation of shares is carried out.
Evaluation of intellectual property
Evaluation of intellectual property today is a difficult issue, both in the financial and legal spheres. The legal status of the term “intellectual property” is not clearly defined. The human factor plays an important role in the evaluation of copyright objects. Recently, more and more often enterprises make objects of intellectual property on the balance sheet in the form of intangible assets with subsequent depreciation.
· As a rule, the following objects that constitute intellectual property are assessed:
· Evaluation of trademarks;
· Evaluation of the brand (trade mark);
· Assessment of patents and licenses;
· Evaluation of business reputation (goodwill);
· Assessment of information protected by trade secrets (know-how, research and development).
· The evaluation of intellectual property is carried out in the following cases:
· Sale in whole or in part;
· Setting of objects of intellectual property on balance;
The transformation of intellectual property into a commodity is a very urgent task, the successful solution of which makes it possible to obtain real income from exclusive ownership of exclusive rights to anything, while objects are transformed into a liquid asset for its owner.
Valuation of assets and liabilities of the balance sheet
Valuation of individual sections of the balance sheet is made for the purposes of reporting in accordance with International Financial Reporting Standards (IFRS) or for accounting in accordance with Russian Standards (RAS).
· Estimation of the value of non-monetary property for payment of the authorized capital;
· Revaluation of fixed assets;
· Estimation of accounts receivable;
· Damage assessment;
Assessment of the fair value of assets in order to transform the reporting in accordance with the principles of IFRS.