Our Industrial consulting team brings forth innovative solutions combined with the latest tools to address the complex challenges being faced by various sectors and industries in developed and developing economies.
Residual Life Assessment:
We undertake “Residual Life Assessment” study for various plant, machinery & equipment particularly important from IFRS Implementation perspective and supports in streamlining of organizational maintenance policies and procedures.
Our experience in the field and quality control process enables us to provide technically accurate property condition assessment reports, reliable recommendations and detailed budgeting, helping our clients to make appropriate business decisions. Our services combine pure condition assessments with analyses of facility improvements and modifications necessary to support client-specific operational or program requirements.
Asset Counting & Tagging:
We provide asset verification and tagging services to organizations across all industries as the first step to implement Enterprise Asset Management. This helps clients in knowing exactly what assets they currently have, where these assets are located and how these assets are changing over time and allows a company to keep track of details of each fixed asset, ensuring control and preventing misappropriation of assets.
FAR (Fixed Asset Register) Preparation:
Every industry from manufacturing to healthcare and non-profit to real estate has unique financial and compliance risks in addition to potential tax consequences. When you trust us with your fixed asset management, you can have peace of mind that your assets will be reported correctly, and we keep your records and equipment lists up to date so that you don’t have to. Our team performs floor-to-book reconciliation of the fixed asset register supporting financial reporting requirements.
IFRS (International Financial Reporting Standards) Implementation:
Our experts have extensive knowledge and excellent technical skills in the field of IFRS implementation. We stay abreast of changes in the regulatory environment and we are experts in many GAAPs related to jurisdictions in which we are located. Many of our professionals have an extensive experience solving complex IFRS issues across many types of structures. Supported with in-house team of technical experts / valuers to undertake assessment of Fair / Residual Value & impairment loss.
ValuStrat creates tailor-made solutions depending on our clients’ specific IFRS requirements and defined priorities.