Over the last 3 decades, Kohli Appraisers (a Kohli Group Company) has developed a consistent, accurate and reliable approach to the valuation process. We engage all clients in a consistent and thorough manner in order to derive our conclusions of value. Depending on the intended use, we can derive all the dimensions of values, and approach it in a multi-pronged analytical process. Finally, we have a thorough research methodology that can be relied upon to produce accurate, timely and provable results.
At Kohli Appraisers we employ a detailed methodology developed at the Kohli Group for over 20 years. This methodology consistently results in accurate, timely and cost effective conclusions of value:
1. Identify type and scope of
Assignment After receiving an assignment request
by the client, consultant or financial institution, questions
such as the nature of the assignment, the intended use,
the fee structure and the particular assets or inventory
to be appraised are answered before moving forward.
Once this is established, the engagement
is established and can move forward.
2.
Gathering Data (Due Diligence) Whether we are to appraise assets
or inventory, Kohli Appraisers understands the
background of the company, the nature of the industry
and other key factors by interviewing the key management,
and references current industry sources.
3: Physical Inspection In
virtually all fixed asset appraisals, an onsite inspection
of the assets (machinery & equipment,
furniture, fixtures, leaseholds and inventory) is the
basis to determine condition, age, obsolescence and other
factors that could affect the value.
The inspection includes a description
of the assets, a taking of important details such as
models and serial numbers, digital photographs or videos
of the assets at the site and any other important details
that affect value.
4. Analysis Upon completion
of the inspection, our appraisal and research team start
applying different
analytical methods in order to come to a value conclusion. Based
on the nature of the assets, and the intended use of
the appraisal, different methods are employed. For example,
if a going concern value of a plant is required, we may
employ the cost approach to determine the value of this
plant after obsolescence along with individual valuations
of different movable equipment (transportation and construction). Next,
this is compared to similar sales of other plants (adjusted
for capacity, obsolescence, age, condition and nature
of the transaction) to verify the conclusions. This
detailed, multi-pronged approach allows for an accurate
value that has been derived by experts with a wealth
of experience, skill and expertise.
5. Review
and Finished Report All appraisal assignments are
reviewed and tested by senior appraisers to ensure
the correctness
of the approach, the utilization to all relevant data
and validity of the assumptions made. Finally, the finished
appraisal is produced and delivered to the client in
their preferred method (email / fax / printed / cd-rom). All
our appraisals conform to USPAP (The Uniform Standards
of Professional Appraisal Practice).
