An asset register is a list of all the physical assets owned by an individual or organisation, including everything from buildings and machinery to furniture and computers. The value of each asset is typically calculated using its purchase price, minus any depreciation that has occurred since its acquisition.
For many businesses, the asset register forms an important part of their accounting records, as it can be used to calculate things like tax liabilities and loan repayments. However, the values of assets can also change over time, so businesses need to regularly update their asset registers to ensure that they are accurate. This process is known as asset valuation.
Romeo Property Valuers is staffed with highly qualified Registered Property Valuers combining over 50 years of property valuation experience.
The Director, Vincent Romeo, sits on the Board the Australian Valuers Institute and acts as an advisor and mentor to many Registered property Valuers throughout NSW.
Romeo Property Valuers have acted for many Private, Corporate and Government clients in their tenure as one of the leading Valuation firms in NSW enabling Vincent Romeo an opportunity to offer his property valuation expertise on Channel 10’s popular lifestyle show “The Living Room”.
Other than being highly accredited as Registered Property Valuers throughout NSW we have an extensive range of knowledge and experience in the Property Analysing process and pride ourselves on delivering comprehensive property analysis and subsequently reliable and accurate property valuations. We are constantly observing and educating ourselves with the trends and changes in the market in order to make sure your property valuation is accurate, precise and reliable.
To make an informed property purchase or else in order to obtain solid returns on your home’s equity, you require accurate and realistic data. We strive to deliver market-leading strategic and innovative property advice using state-of-the-art valuation and information technology systems in order to enable you to make informed financial decisions.
This is a process of producing an up-to-date estimate of the value of an organisation’s fixed assets. It involves assessing each asset and estimating its current worth, in order to produce a total value for the organisation’s entire asset base. The valuation may be conducted for a number of reasons, such as insurance purposes, tax liabilities or financial reporting. The valuation must be based on reliable data and should be updated on a regular basis in order to accurately reflect the changes in the value of the organisation’s assets over time.
For administration’s sake, It’s a good way to keep track of your company’s fixed assets. But more importantly, it can help you make informed decisions about where to allocate your resources. After all, why invest in new equipment when you’re not even sure what you have? By keeping tabs on your asset register, you can ensure that your company is making the most efficient use of its resources. In short, accurate asset valuations are essential for effective decision-making.
Yes. To be a successful valuer or attain a Certified Practising Valuer (CPV) or Residential Property Valuer (RPV) you must complete relevant tertiary level qualifications and have your licence or registration from the appropriate state body.