This Infographic shows you the reasons why there is a need to get asset valuation services. For more information visit https://www.mitchellmunn.com.au/asset-verification

1. WHY
ISTHEREANEEDTOGET
ASSETVALUATION
SERVICES?
If you own an organisation and possesion like equipments,
machinery etc then you need to have the legal verfication of
assets you have. It will help you to determine the total net worth of
your assets.
There are two type of Assets, Tangible and Intangible and it's
efficient to get the valuation by asset verification because of the
following reasons:
W W W . M I T C H E L L M U N N . C O M . A U
TO DETERMINE THE RIGHT
PRICE OF THE ASSET
Doing your asset verification will ensure
that you don't have to pay more while
buying or don't have to get less price of
assetswhileselling.
FOR THE CORRECT TAX
CALCULATIONS
IN THE TIME OF APPLYING
FOR LOANS
FOR THE EASY AND CORRECT
AUDITS
WHEN MERGING WITH OTHER
COMPANY
It'smandatorytopaytaxfortheassetsthat
youown.Valuationofyourassetswillhelp
youdeterminethetaxamountaccurately.
Ifyouownapubliccompanywhichofcourseis
regulated.ShowingyourFinancialReportsduring
theauditsoftransparency,havingtherightamount
ofassetnetvaluewillbehandyduringtheasset
verificationthatcomesundertheauditprocess.
Whenyouappliedforaloan, thisnetasset
valuationwillhelpyouasacollacteral
protectionagainstthedebtdefault.Whileit's
importantforthelendertodeterminehow
muchloanamountiscoveredbyyourcompany.
Duringthemergingoftwocompanies,the
netvalueofyourassetswillsizeupyour
businessincomparisontoother
companies.