The objective of the Appraisal of Fixed Assets is to supply entrepreneurs with the exact details of their fixed assets, depreciation related costs, future values related to the replacement of these goods, conducting decision making with a view to future investments and negotiations.
From a financial viewpoint there are numerous advantages of having of a proper valuation of fixed assets:
Reducing costs in insurance operations and making the policy more secure; establishing the market value for negotiations of purchases, sales, incorporations, mergers and demergers; complying with the demands of the Securities and Exchange Commission for joint stock companies, maintaining an up-to-date record of their assets.