Quantifying depreciation in plant and machinery valuation

The Malaysian industrial sector is growing dramatically, and this situation leads to the increasing of needs in Plant and Machinery Valuation. However, in Malaysia there are no intensive and aggressive efforts being done to generate knowledge and exposure to the Valuers on the Plant and Machinery Va...

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Main Author: Sahray, Kholim
Format: Thesis
Language:English
Published: 2009
Subjects:
Online Access:http://eprints.utm.my/id/eprint/12202/1/KholimSahrayMFKSG2009.pdf
http://eprints.utm.my/id/eprint/12202/
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spelling my.utm.122022018-06-25T03:20:14Z http://eprints.utm.my/id/eprint/12202/ Quantifying depreciation in plant and machinery valuation Sahray, Kholim TA Engineering (General). Civil engineering (General) The Malaysian industrial sector is growing dramatically, and this situation leads to the increasing of needs in Plant and Machinery Valuation. However, in Malaysia there are no intensive and aggressive efforts being done to generate knowledge and exposure to the Valuers on the Plant and Machinery Valuation. The process of valuing plant and machinery involved a lot of works and need plant and machinery valuers with high skill and expertise. Market Comparison method has been considered as the most appropriate method. However because of inadequate comparable sales and inefficiency data collection, the application comparison method is difficult and the cost method is more reliable. Nevertheless, depreciation is one of the critical elements that exist on plant and machinery regardless the type and nature of the plants and machinery. However, there is no standard or guidelines on determination of Depreciation. The depreciation is influenced by physical deterioration, functional and economic obsolesces. The identification of the factor of depreciation for plant or machinery is normally too subjective and thus required thorough analysis. The purpose of this study is to identify the process of plant and machinery valuation and determine the factors or causes of depreciation through market analysis and interviews with the professionals. In order to accomplish the objective of this study, comparative and cross-sectional analyses are adopted. The study revealed that the appropriate method in determine depreciation is Declining Balance Method and the depreciation of plant and machinery is influenced by the Physical deterioration, functional obsolesce, economic obsolesces and external factor of obsolesces. 2009-05 Thesis NonPeerReviewed application/pdf en http://eprints.utm.my/id/eprint/12202/1/KholimSahrayMFKSG2009.pdf Sahray, Kholim (2009) Quantifying depreciation in plant and machinery valuation. Masters thesis, Universiti Teknologi Malaysia, Faculty of Geoinformation Science and Engineering.
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TA Engineering (General). Civil engineering (General)
spellingShingle TA Engineering (General). Civil engineering (General)
Sahray, Kholim
Quantifying depreciation in plant and machinery valuation
description The Malaysian industrial sector is growing dramatically, and this situation leads to the increasing of needs in Plant and Machinery Valuation. However, in Malaysia there are no intensive and aggressive efforts being done to generate knowledge and exposure to the Valuers on the Plant and Machinery Valuation. The process of valuing plant and machinery involved a lot of works and need plant and machinery valuers with high skill and expertise. Market Comparison method has been considered as the most appropriate method. However because of inadequate comparable sales and inefficiency data collection, the application comparison method is difficult and the cost method is more reliable. Nevertheless, depreciation is one of the critical elements that exist on plant and machinery regardless the type and nature of the plants and machinery. However, there is no standard or guidelines on determination of Depreciation. The depreciation is influenced by physical deterioration, functional and economic obsolesces. The identification of the factor of depreciation for plant or machinery is normally too subjective and thus required thorough analysis. The purpose of this study is to identify the process of plant and machinery valuation and determine the factors or causes of depreciation through market analysis and interviews with the professionals. In order to accomplish the objective of this study, comparative and cross-sectional analyses are adopted. The study revealed that the appropriate method in determine depreciation is Declining Balance Method and the depreciation of plant and machinery is influenced by the Physical deterioration, functional obsolesce, economic obsolesces and external factor of obsolesces.
format Thesis
author Sahray, Kholim
author_facet Sahray, Kholim
author_sort Sahray, Kholim
title Quantifying depreciation in plant and machinery valuation
title_short Quantifying depreciation in plant and machinery valuation
title_full Quantifying depreciation in plant and machinery valuation
title_fullStr Quantifying depreciation in plant and machinery valuation
title_full_unstemmed Quantifying depreciation in plant and machinery valuation
title_sort quantifying depreciation in plant and machinery valuation
publishDate 2009
url http://eprints.utm.my/id/eprint/12202/1/KholimSahrayMFKSG2009.pdf
http://eprints.utm.my/id/eprint/12202/
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score 13.211869