Financial Reporting


There are many different situations that require our valuation expertise:

  • incorporation of company accounts
  • company flotation
  • company acquisitions
  • finance raising for purchase of plant and equipment
  • finance arrangements for outsourcing agreements
  • or even just to fulfil your responsibility as company directors

The Legal Necessities.

Under the Corporations Law, it is a key responsibility for company directors to ensure that their Profit and Loss Account and Balance Sheet give a true and fair view of the company's state of affairs.

Both the private and public sectors must comply with many regulatory demands for reporting the values of non-current assets.  Directors have onerous obligations to ensure the accuracy and appropriateness of asset values reported.

Dominion valuers are highly experienced in interpreting Accounting Standards and other regulations to ensure our valuations comply with these requirements.

Our everyday experience with the casework and paperwork of such statutory demands means we can make such valuations as quickly and effectively as possible.

Reporting.

Valuations can be prepared as a sequential, detailed inventory of plant and equipment, divided into individual areas and subtotalled into departments

Where necessary, Dominion record data on the source, age, condition, purpose and output of each plant item to enable an exact valuation to be determined.  If they're available, model and serial numbers are also included for positive identification.