Economic Impairment in the COVID Era – Some Quick Considerations
Recently, we have been conferring with many clients and their accounting counsel on the potential for economic impairment and subsequent potential for write-downs as they wrestle with the day-to-day impacts of COVID-19. This is relevant to financial statements for the...
You Get What You Pay For!
In the world of professional valuation services we often hear the idiom that “you get what you pay for”. Usually the context behind this is “we offer three types of service”, namely: Credible and Reliable; Cheap; or Fast. But you can only pick two: Credible and...
Fixed Asset Valuations – an Essential Part of your Asset Management Strategy
In contending with COVID 19 and other events such as the West Coast wildfires, or flooding in the Southeast US, many of our clients are examining their fixed assets to develop strategies to maximize value and mitigate risk. In working with them in examining their...
What in the World?
As an essential service supporting insurance, finance, accounting and litigation we have continued to work with our clients to mitigate the risk of COVID 19 for our appraisal and risk management teams in conducting inspections. Ergo, we have been able to advance...
What Does it Imply When You Accept Your Statement of Values?
“A statement of values (SOV) is a report that an insured submits to an insurer. It details the amount each property that will be covered under a policy is worth. The insurer then bases the insured's premium on this report. To avoid underinsurance, the statement of...
Inspection Tip: Re-Opening Schools as We Emerge From COVID-19
Learning Objective: To provide some suggestions on what to consider as part of your schools re-opening plans during and post the COVID-19 pandemic. Many School Divisions are meeting to examine how they can safely re-open their schools now that the Governments and...