SERVICES

Fixed assets valuation is a revaluation of fixed assets carried out regularly to bring the actual value to the real market value for accounting and analysis, calculation and economic forecasts, as well as for obtaining generalized averages and characteristics.
Revaluation of fixed assets helps to optimize income tax and property tax. The book value of the property will reflect the market value, so loss-making companies will have the opportunity to reduce property taxes, while high-profit companies will have the opportunity to reduce income taxes by increasing depreciation charges after revaluation of fixed assets.
Valuation of fixed assets at market value has several advantages. First, it increases the credibility and transparency of accounting information and allows all interested parties (tax authorities and other government authorities, shareholders and shareholders, creditors, investors) to create an adequate picture of assets and their true value based on the analysis of the enterprise's balance sheet. That is, an interested person (for example, a potential investor) who knows the exact market value of all the main assets of the enterprise can easily calculate the capitalization of the enterprise and significantly simplify the process of making an investment decision regarding that enterprise.
In addition, the fact that assets are always reflected in the accounting records at their true value increases confidence in the company's management and demonstrates openness to potential partners. Second, the revaluation of fixed assets by market value provides an objective direction to the top managers of the enterprise and allows them to improve the quality of asset management, to consolidate management, tax and accounting information, which in turn increases the efficiency of enterprise management.
Revaluation can be done for all fixed assets or groups of similar assets. All types of fixed assets – buildings, plant, equipment, vehicles, intangible assets – can be revalued. Another important condition of property revaluation is its periodicity, that is, an enterprise that revalues its property once must re-evaluate the revaluation regularly in the future, once a year according to the situation at the beginning of the year.
The objects of revaluation of fixed assets are the following assets:
• Buildings and structures;
• Working power machines and equipment;
• Calculation technique and office technique;
• Measuring and regulating devices and devices;
• Vehicles;
• Tool;
• Inventory for production and farm inventory;
• Unfinished construction;
• Perennial plants;
• Including the main funds in conservation, reserve.
Valuation and revaluation of fixed assets is required in the following cases:
• optimization of taxation;
• conclusion of purchase and exchange agreements;
• obtaining a loan secured by collateral;
• settlement of property disputes;
• restructuring of the organization's debt;
• determination of capital to the authorized capital;
• determining the insurance amount;
• implementation of the bankruptcy procedure of the company;
• emergence of property disputes.