Valuation of Tangible Assets

Vivek Goswami07 Jul, 2023Business

Valuation of tangible assets involves determining the fair market value of physical assets owned by a company or an individual. Tangible assets include properties, buildings, land, machinery, equipment, vehicles, inventory, and other physical assets that can be seen and touched. The valuation of these assets is important for various reasons, such as financial reporting, insurance purposes, taxation, mergers and acquisitions, and asset management.