Inventories and Asset Valuation

Asset Valuation IFRS - NIIF.

With the implementation of International Financial Reporting Standards, it is necessary to replace the old "book value" of fixed assets with a market value determined by the "fair value", preferably supported by an appraisal study conducted by an external specialist company.

Converging to IFRS will achieve substantial advantages, such as:

• Homologation to international standards.
• Reorganization of the fixed asset auxiliary.
• Better precision and greater accuracy in profit projection.
• Increase in external investment expectations.
• Determination of the real economic value of assets in the financial balance sheet.
• Incorporation of relevant information for the maintenance area.
  
  

A multidisciplinary team of highly trained professionals in mechanical, electrical, industrial, forestry, agricultural engineering, and architecture is in charge of performing asset valuations:

Valuation of Fixed Real Estate Assets, such as buildings and land. Valuation of Fixed Movable Assets, such as vehicles, machinery, equipment, and installations.