MTS Journal

News from ASA’s Machinery and Technical Specialties Committee

Important information and updates from MTS Discipline Governors

A special note from the Editor of ASA’s MTS Journal

Business Valuer Robert Schlegel, ASA addresses the nexus between BV and the valuation of property and equipment and the issue of why every business valuation requires an asset valuation rather than adopting book value as a real value?

GN6 is fairly clear on the stance that, where practical, market sourced data should be used and that a cost approach should only be used if sufficient reliable market data is not available.

New technology migrations have created the need to replace the current manufacturing equipment to manufacture the next generation product.

Asset appraisals (liquid assets, real estate, intangibles) do not consider what a company makes, how products are made, the tools used, product market positioning, how production techniques compare to others and whether the tools used are advanced.

This article discusses why in valuing the assets in a business transaction, economic obsolescence (“EO”) is an often difficult and sometimes contentious form of depreciation to identify, quantify, and explain.

This article reviews things appraisers should do in condemnation work such as maintain meticulous records of time/expenses and save emails, and other documents. Delays often mean appraisers are often not paid in a timely fashion.