Internationally Certified Appraisers
Our leading appraisers have Certified Valuation designations from the American Society of Appraisers (ASA), being the highest global designation available. Therefore, our reports can be relied upon to have the highest accuracy, complete confidentiality and exceed both state and industry standards. Accredited senior members of the ASA, our appraisers pride themselves on prompt and innovative solutions to asset valuation problems. Our expert opinions are used by business owners, buyers, sellers, bankers, accountants and portfolio managers alike.
What is the American Society of Appraisers?
The American Society of Appraisers is an international organization of appraisal professionals. The oldest and only major appraisal organization representing all of the disciplines of appraisal specialists, the society originated in 1936 and incorporated in 1952.
ASA members represent all disciplines, including business valuation and appraisal of property, plant and equipment. Business appraisers value businesses, business ownership interests, and securities for businesses of all sizes. They also value specific intangible business assets such as patents, trademarks, copyrights, know-how, licenses and goodwill. Appraisers of property, plant and equipment value all types of tangible assets, such as real estate (land, production plants, warehouses, installations, office premises, and hotels), machinery and equipment, production and information technology, vehicles and other assets.
Why Hire an ASA Designated Appraiser?
Valuation professionals with accreditation from the American Society of Appraisers (ASA) enjoy one of the most prestigious and widely-recognized credentials offered. ASA valuation analysts have been recognized and accorded expert status by a variety of international organizations and governmental agencies. Membership and accreditation by the American Society of Appraisers is acknowledgement that the valuation professional has reached the top of his profession.
Advantages of hiring an ASA
- Experience – The Accredited Senior Appraiser of the American Society of Appraisers must demonstrate five years of full-time equivalent experience in valuation to get their professional designation. ASAs have experience in appraising a wide variety of companies-public and closely held, large and small and have experience in appraising a wide variety of business, tangible and intangible assets.
- Education - The Accredited Senior Appraiser of the American Society of Appraisers has an extensive, long-established educational program including an annual cross-discipline international conference. To get their designations, ASAs must successfully finish all tests and exams. To retain their designations, ASAs must demonstrate participation in continuing education.
- Standards - In their valuation work, the Accredited Senior Appraiser of the American Society of Appraisers are required to adhere to clearly defined standards. The compliance of ASAs with these standards assures those who rely on their appraisals that there are standards for the techniques utilized and that the techniques are accepted in the professional community.
- Review - An ASA's work product has undergone strict professional review. To get the ASA designation, an appraiser must submit appraisal reports that meet the examining committee's approval.
- Ethics - One of primary objectives of the Accredited Senior Appraiser of the American Society of Appraisers is to ensure ethical practices and procedures on the part of its members. The society is diligent in its efforts to strengthen and uphold the Principles of Appraisal Practice and Code of Ethics (the code of conduct to which all members must subscribe) in order to protect the clients.
- Multi-discipline Appraisal Organization - The multi-discipline nature of The American Society of Appraisers strengthens valuation members of ASA. They have the opportunity to share information with and learn from appraisers in other appraisal disciplines, such as business valuation, real property and machinery and equipment.
In short, Accredited Senior Appraisers of the American Society of Appraisers are experts. The meticulous ASA accreditation process ensures that ASA’s are accurate, impartial, and credible. They are educated and experienced in their fields. They can deliver independent valuations that assure your property is appraised at its fair market value.
How Can I Ensure That I Get a High-Quality Appraisal?
Whenever you hire an appraiser, always check his or her experience, education and references. The ASA initials after ASA members’ names mean they have documented experience and accomplishments on a qualifications statement. ASA collects and reviews both business and personal references before accepting individuals as members.
Accreditation process of the American Society of Appraisers is rigorous. Accredited members invest an enormous amount of time, energy and expense to earn and maintain their status. Each ASA member is required to take and pass an exam of the Uniform Standards of Professional Appraisal Practice set by the Appraisal Foundation, which is recognized as the source for appraisal standards and qualifications.
As a result, ASA attracts members around the World.
Certified Business Valuation
The appraisal firm you choose must be totally independent. Having your broker, intermediary, or consultant perform the appraisal is not the best choice.
If the company is valued by anyone close to, or working for the owner, most buyers feel that the value is biased. If financing is necessary, most banks will require an independent third party appraiser.
We have performed a number of appraisals for institutional financing, divorces, partnership buy-outs, estate planning and taxes issues. involving economic damages, and loss of profits or bankruptcy. Our reputation and years of experience assures our clients of the highest quality of work.
Certified Fixed Assets Appraisals
The Appraisal Associates is one of the appraisal firms that can offer both business valuation and fixed assets appraisals. Too many appraisers just estimate or do not consider the value of a company’s hard assets.
Worst of all most use “Book Value” as stated on the Balance Sheet. Most Accountants agree that Balance Sheet values for fixed assets, in most cases, are not even close to “Fair Market Value”. These values are based on Depreciation Schedules that are allowed by the tax codes and usually have very little resemblance to the actual useful life of the equipment. In other words, the values are tax driven and not fair market. Often many assets are not even considered to have value because they have been fully depreciated. However, these assets are still in use and performing the task they were assigned to do, thus they still have value.
When valuing a company, all fixed assets should be adjusted to fair market to show accurate values for both tangible and intangible assets.
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