Accurate Valuation Services for Asset Retirement & Disposals
Valuation for Asset Retirement and Disposal Purpose
There are various scenarios when an asset needs to be retired, disposed of or otherwise written off. Asset valuation of this type is required for the actual disposal as well as for updating the accounting records.
At RNC, we specialise in asset valuation services such as property valuation, land and building valuation, plant and machinery valuation, and complete business valuation that help clients obtain accurate insights and maximum realisation during asset disposals.
Here are the typical scenarios where the expertise of asset valuers like RNC is invaluable:
An asset is fully depreciated or no longer productive and must be disposed of.
An asset is no longer useful or needed due to change in product, technology or becomes obsolete for any other reason.
An asset must be removed from the books due to unforeseen circumstances.
RNC’s team is made of asset valuation experts, advisors, and consultants. We have been providing valuation services for retirement and disposal of assets, enabling the stakeholders such as government institutions, listed and unlisted entities, corporates, banks and financial institutions, etc. to take informed decisions thereupon.
Credentials
Tata Power
Valuation of heavy oil based Thermal power plant assets.
India Government Mint
Valuation of specified Tangible assets across two locations.
Damodar Valley Corporation
Valuation of specified power plant assets
Haryana Power Generation Corporation Limited
Valuation of specified thermal power plant assets
Brahmaputra Valley Corporation Limited
Valuation of specified fertilizer manufacturing assets and their associated store and spares.
Gujarat Mineral Development Corporation
Valuation of specified mining equipments.
To speak to our Valuation Experts, Schedule an appointment.
FAQs
1. What is asset retirement valuation?
It estimates recoverable or salvage value at end-of-life for disposal and compliance.
2. Why is disposal valuation important?
It sets reserve prices, ensures accurate reporting, and avoids asset overstatement.
3. What factors are considered in disposal valuation?
Asset condition, resale market, dismantling costs, and environmental obligations.
4. How does this impact financial statements?
It ensures compliance with Ind AS 36 and prevents misstatements in balance sheets.