Inaccurate fixed asset records can cause serious problems for an organization, leading to imprecise financial accounting ledgers and unreliable values for insurance placement. We prepare:
Our professionals visit businesses to compile current-year fixed asset activity data by account. We then prepare an updated property record. Alternately, clients supply current-year capital asset activity (additions, disposals, and retirements), which we use to prepare the updated property record. In addition, we perform annual trend analyses to update replacement cost data based on an appropriate cost trend factor.
Each year, our professionals provide property record outsourcing services for hundreds of public- and private-sector clients. Our proprietary e-PRAIS® system’s policies, procedures, and operating effectiveness are in accordance with SOC 1.
Kroll provides commercial and personal property insurance valuation services (for fixed assets like buildings, plant and machinery) to clients worldwide.
Kroll offers experience, reliability and transparency in the valuation of machinery and equipment for virtually every industry.
by Mark Bobber, Rebecca Fuller, Luis Maluf, Andrea Sella, Isaac Bittan
by Mark Bobber, Rebecca Fuller, Luis Maluf, Andrea Sella, Isaac Bittan, Matthew Donahue, Ryan Spelman