This issue spotlights the Construction Industry. It also covers the appraising of power generation assets for personal property tax, energy transition, merits of an asset-based approach to valuing businesses, scope of work, and a jet aircraft analysis.
This issue spotlights the construction industry and features three articles covering extended lead time for supply chains, identifying heavy equipment and serial number locations and an update on ASA's Normal Useful Life Study.
This article explains why serial numbers are critical in the identification of heavy equipment and provides guidance in finding and verifying serial numbers during an inspection.
An update of the Estimated Normal Useful Life Study prepared by the MTS Committee is currently in process. This article, which discusses the history of the study and guiding principles of the update process, also includes a sample compilation.
PAGE 22
Ryan Kinahan, ASA, CPA and Achin Chugh, ASA
This article is the first in a series of articles on report writing. The series assumes a working knowledge of USPAP and investigates Competency and Scope of Work rules as well as the Standards rules 7 & 8.
This article discusses how the use of survivor curves can provide an analytical framework for estimating asset life characteristics and consequently play an important role in the development of value estimates.
This article will discuss the rationale for the asset-based approach to valuing businesses and explore the merits and potential drawbacks of asset-based valuations.
PAGE 69
Suzette Clingerman, ASA and Munish Mohendroo, ASA, CBV, CMA, MBA
Acknowledging the complexity of Benefit to Cost analysis, this article focuses on the process of developing the value of an EOLA from new-delivery to scrap as compared to the expected residual value over a 20-year period.
