DM&A tangible asset valuation professionals have appraised assets across a wide range of industries. Categories of fixed assets include buildings and improvements, machinery and equipment, furniture and fixtures, and other specialized assets.
Our expertise ranges from complex manufacturing operations to retail businesses. DM&A has been retained to perform asset appraisals for a variety of purposes, including:
- Ad valorem tax
- Charitable contributions
- Cost segregation
- Eminent domain proceedings
- Estate and gift tax
- Financial reporting
- Marital dissolution
- Mergers and acquisitions
- Purchase cost allocation
- S -Corporation tax elections
- Third-party reimbursements
The standard of value that we utilize in these matters depends upon the purpose of the assignment and client requirements. Examples include replacement cost new, original/historical cost, fair market value, salvage value, and liquidation value. Our appraisers assist clients in determining the appropriate standard of value for each situation.
In performing tangible asset appraisals, DM&A professionals prepare a complete inventory of the assets at the business location. This inventory includes a description of the assets as well as an analysis of their age and condition. We then perform research into the marketplace for each of the assets identified.
Our research includes reference to a variety of publications, as well as discussions with individuals knowledgeable about the marketplace for these assets. DM&A maintains a sizeable library of data regarding a wide range of assets, and our appraisers attend auctions to observe current market transactions.
DM&A appraisers are experienced in coordinating their work with other appraisers on a given assignment. For example, we work closely with real-property appraisers to avoid duplication in the valuation of business assets.
Fixtures and Equipment
DM&A appraisers are well versed in California eminent domain laws and standard procedures. Thus, we can provide both comprehensive valuation reports and budgetary estimates for planning purposes. Our appraisers typically value both improvements pertaining to the realty and movable fixtures and equipment. The data we provide is used for settlement negotiations and goodwill loss calculations.
Marcus Pigrom has experience in providing testimony, both in depositions and court proceedings, regarding his conclusions of value. In addition, DM&A can provide litigation support functions related to fixtures and equipment matters, such as helping to formulate discovery requests, reviewing other appraisals, and preparing direct and rebuttal testimony.
Upon request, DM&A will provide extensive listings of business categories and specific business assets appraised by the tangible assets department, as well as DM&A clients.