Property Valuations
Elevate your strategy with our property valuation services. We ensure accurate estimates for your portfolio, mitigating insurance risks and aligning seamlessly with your accounting requirements, covering everything from reinstatement insurance to asset depreciation.
Insurance for Re-instatement Purposes
Accurately determining the replacement insurance cost, known as a building insurance valuation, demands in-depth knowledge of construction processes and associated expenses.
Our team of highly skilled professionals are exceptionally qualified for this task. We emphasise the importance of periodically re-evaluating a building's replacement cost, especially considering the significant variations that can occur in construction costs over time. We ensure precise and comprehensive associated costs, taking into account factors such as finishes, construction types, build time, and much more.
Financial Reporting for Accounting
Our proficiency lies in crafting accurate replacement insurance cost estimates. As certified and chartered quantity surveyors and certified practising valuers, our specialised services set us apart in the building and property industry.
Our detailed reports offer thorough insurance replacement cost estimates derived from meticulous site inspections and comprehensive document analysis. This service is particularly vital for addressing the essential requirement for periodic Insurance Replacement Valuations for government organisations, non profit organisations and strata complexes, as mandated by legislation in various Australian states and or to abide by other legislative and accounting standards.
Quantum QS Financial Reporting Valuations encompass diverse tangible asset categories including land, buildings, infrastructure, machinery, plant and equipment, IT assets, contents and fine art. These valuations adhere to accounting standards such as AASB 13 and AASB 116, ensuring compliance and precision. Our reports meet the standards necessary for internal and external audits, providing insightful analysis and commentary on any variances or significant changes. By consolidating our services for insurance and financial reporting valuations, you can realise substantial cost savings.
Contents, Plant & Equipment
Our staff boasts extensive expertise across a diverse range of industry sectors, having successfully executed projects ranging from single-site assessments to comprehensive evaluations spanning across 500+ sites.
Our clients can expect tailored recommendations meticulously crafted to align with the specific equipment type, business scale, and prevailing market conditions.
Our commitment to providing customised insights ensures that our services not only meet but exceed the unique needs of each client, fostering informed decision-making and strategic planning in the ever-evolving business landscape.
Infrastructure Asset Valuations
We have had the privilege of delivering a diverse range of insurance valuations for infrastructure asset projects, catering to both the government, private and non-profit sectors across Australia.
Our profound experience in the realm of Infrastructure Assets empowers us to choose the most fitting methods, offering a dependable and transparent assessment of your valuable infrastructure assets.
These infrastructure asset valuations can further be applied for insurance purposes, life cycle maintenance, and the establishment of public cost structure rates.
Asset Register Reconciliation & Depreciation
A precise asset register is crucial for effective asset management system. Considering an asset register reconciliation project, which involves compiling an independent inventory of assets and reconciling it to the fixed asset register entries, including accounting for depreciation.
Key motivations for asset reconciliation include audit and verification for internal and external auditors, meeting financial reporting requirements, purchase price apportionment during acquisitions, and establishing an accurate register for future asset management systems. Asset reconciliation, accounting for depreciation, also lays the foundation for integrating maintenance systems. This allows for recording repairs and maintenance (R&M) expenditures against correct assets, facilitating informed decision-making about the timing of asset replacements (Asset Life Cycle Cost Analysis).
Expert Valuations Underpinning your Financial Success
Our team of highly skilled professionals possess in-depth knowledge of construction processes and associated costs, ensuring precise replacement cost insurance estimates tailored to your specific requirements.
At Quantum QS, our primary objective is to deliver detailed and accurate valuations through comprehensive site inspections and document analysis. We are dedicated to ensuring full compliance with legislative mandates, particularly for periodic Insurance Replacement Valuations.
Our services go beyond providing valuations; they include insightful analysis and commentary, adhering to stringent accounting standards.The result is not only precise and compliant valuations but also significant cost savings for your business.
- Accurate Coverage: Accurate andcomprehensive valuations to ensure you have coverage that adequately reflectsthe value of your property and assets.
- Fair Premiums: Let us help you determine the fair premium to ensure you are charged appropriately for the level of coverage you require.
- Informed Decision-Making: Using our expert knowledge and products, make informed decisions about your insurance and property needs to suit you.
Frequently Asked Questions
