Do You Know What Your Equipment Is Worth?

Why Trust The Value Of Your Machinery And Equipment To Just Anyone?
You shouldn’t trust just anyone with determining a value for your machinery and equipment. Why? That’s a great question and we’re glad that you asked. Determining a value for machinery and equipment should be done by a “qualified” and “Certified” professional. An Appraiser that has proven experience, professionalism, and most importantly, is Certified.

You also should make sure that the appraisal company that you work with is USPAP compliant and prepares a Certified Machinery & Equipment Appraisal mandated by the IRS, CPAs, lenders, and the U.S. Small Business Administration. That way, you are assured that you are working with an industry leader who is a respected provider widely accepted and sought after by other professionals.

The Certified Machinery & Equipment Appraisers (CMEA) at Precision Appraisals, Inc., are widely known as a respected industry leader. Backed by experience and certification, our certified appraisals are prepared according to the ethics and reporting mandated by the Uniform Standards of Professional Appraisal Practice (USPAP), promulgated by Congress and the Appraisal Foundation. It is the leading authoritative source for appraisals. Standard Operating Procedures Do REQUIRE A “Qualified” Appraisal.



BEWARE! Not All Appraisal Reports Are Created Equal!
If you guess, rely on the word of a non-certified person (auctioneer or dealer), who may have a hidden agenda, or rely on a depreciation schedule, you should know that the values may be inaccurate and unsubstantiated! The Certified professionals at Precision Appraisals, Inc., deliver a comprehensive and detailed Certified Machinery & Equipment Appraisal Report that is accurate, irrefutable, defensible, and descriptive. Our Certified Appraisal Report includes but is not limited to market conditions, economic conditions, photographs, model and serial numbers, and other descriptive information that will withstand scrutiny.


The Problem With Surface Level Information
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Often times, the public relies on surface level information from an appraiser which does not give an indication as to the level of accuracy or competency. We are committed to preserving the public trust. The purpose of the “Code of Ethics & Competency” Appraiser Awareness Program is to protect the public from unsubstantiated or questionable machinery and equipment appraisals.

Our seal serves to alert the public to the documentation we know is necessary to prove that an appraiser is competent. This assures an appraisal will be substantiated, accurate, irrefutable, defensible, and will withstand scrutiny. If a machinery and equipment appraiser doesn’t meet these standards, your best option is to continue to look for an appraiser that does!

The Certified Machinery & Equipment Appraisers At Precision Appraisals, Inc. Help You
Avoid The Pitfalls Of An Unqualified And Unsubstantiated Equipment Appraisal Business Valuation Appraisal Consulting

Remember: The U.S. Small Business Administration’s Standard Operating Procedures Do REQUIRE A “Qualified” Appraisal.

 

 

Do You Need An
Equipment Appraisal?
  • Buy / Sell Agreements
  • Business Valuations
  • Loans / Refinancing
  • Leases
  • Property Taxes
  • Insurable Value
  • Trust / Estate Planning
  • Gift Planning
  • Divorce Settlement
  • Partnership Dissolution
  • Converting From C To S Corp
  • 1031 Exchanges
  • Foreclosure
  • Bankruptcy
  • Cost Segregation
  • Sarbanes Oxley
  • FASB 141 / 142
  • Retirement Planning
  • Mergers & Acquisitions
  • Pension Protection Act
Who Needs an Appraisal?

Lenders need a Certified Machinery & Equipment Appraisal in support of loan decisions. In fact, SBA’s SOPs require a “qualified” appraisal.

CPAs need a Certified Machinery & Equipment Appraisal pursuant to AICPA’s Standards of Valuation #1 in addition to the Pension Protection Act of 2006 and the Council of Foundations.

Attorneys need a Certified Machinery & Equipment Appraisal for divorce dissolution and litigation to
substantiate accurate and realistic values that will withstand IRS and Court scrutiny.

Business Owners need a Certified Machinery & Equipment Appraisal for insurable value, selling, financing, buying, expansion, partnership dissolution, property taxes, Pension Protection Act of 2006, and Converting from a C Corp to S Corp.

For More Information

Why Would You Need A Certified Machinery And Equipment Appraisal? Click here>


Information For a Business Owners. Click here>

Three Quick Questions. Click here>

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