Appraisal / Evaluation

Evaluation: becoming more and more frequent

Evaluation is a general occurrence today. The reason: value is always expressed in a kind of a relation. And relations are getting thicker, human relations network is getting more and more complicated and each property shows different contribution potential in different circumstances, that is, in different network of relations. Values are measured for each new setting.

To evaluate the property, or any phenomenon, means to put it into the relations where it acts and search its contribution and reward. It was always true that the value of things is in the relation. And, that which brings nothing – is worth nothing. Evaluation of value is always a complex job dealing with a lot of assumptions. By changing the assumptions – you change the values.

Acceleration of changes means changing everything. New values – for new circumstances! Thus, changes are the cause of constant evaluation of everything.

What is presented as value?

All material and intangible things being a part of the game of economic creation are presented as values. Thus, everything around us is a value. What kind of values are they? How high are those values? How should we increase their value? How should we ensure that they are really values? Those are the questions which constantly bother economic participants.

The object of evaluation

Usual object of evaluation are as follows:

• Property (material and intangible) and liabilities
• Capital

Forms of property (that which will bring economic benefit in future) and liabilities (that which will mean outflow of economic benefit in future) occurrence are numerous. Each of these items has its own function and is used in different contexts and combinations due to which it also has a specific value.

Capital is a special phenomenon. It is very complex not only because of the venture it is used for but also because of its constituent parts and the combinations it acts in, and because of the type of its interest matrix.

Evaluation goals

The goal of evaluation is finding the answer to the following question: what is the true value of the evaluation object. The usual evaluation goals are as follows:

• Correct statement in the financial reports
• Making bases for capital purchase and sale transactions
• Making bases for capital connection and separation
• Property evaluation as a whole or in parts for the purpose of sale

INSTITUTE FOR ECONOMICS AND FINANCE – experienced appraiser

We have been dealing with appraisal since our beginnings. We have done appraisals for different purposes and in different activities starting from the individual property items value to the complex appraisals of compound interests.

Our advantages as appraisers are as follows:

• Excellent conceptual knowledge
• Methodological skills
• Enormous practical experience

Capability to provide the client with the proper guidance in evaluation