A primary consideration is the valuation method that will be applied to appraise the assets and inventories, and this is determined on the business circumstances that have initiated the appraisal.
There is no single value for any item, its value will change depending on the business circumstances that govern how the assets are being viewed. For instance, the Fair Market Value for assets in exchange between a willing buyer and willing seller will not be the same as the Liquidation Value of the assets if they are being sold in a distress situation for realization in the short term.
Our appraisers are knowledgeable in all types of valuation methods and will appraise the assets based on your needs for each particular business scenario. All of our appraisers are accredited by, and are Members in Good Standing with, CPPAG (Canadian Personal Property Appraisers Group, the sole accrediting body for asset appraisers in Canada).
Read on for an explanation of the different types of valuation methods and when they are applied.