The solution is designed to provide a simple and logical process flow while also ensuring the outputs satisfy an extensive range of user needs.

 

Key features include :-

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• Full compliance with both IFRS and IPSAS based standards including market, income and replacement cost approaches

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• Cloud based application: multiple users (including audit) can access file from anywhere where there is web access

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• Subscriptions available for individual or group (such as Governments, Valuers-General or valuation firms) level.

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• Multi-level access for unlimited number of users

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• Methodology can be as simple or as complex as desired

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• No limit on asset classes, asset types or components: 100% tailorable by entity

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• Use templates or tailor your own

  • Asset Hierarchy (including componentisation)

  • Financial Reporting asset classes

  • Assumptions

  • Data to be collected

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• In-built data and other validation processes

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• Ability to Import/Export all data via Excel supported by a data import validation and log tool

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• Tablet data collection tool

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• Capture Photographs, floor and site plans, GIS co-ordinates

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• Extensive range of reports

  • General

  • Validation

  • Analytical

  • Special

  • Asset Management

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• Financial Reporting and Disclosures

  • Reports based on ‘Financial Reporting Asset Class’

  • Financial period ‘Movements Reconciliation’

  • Calculation of ‘Depreciation Expense’, ‘Loss from part disposal’ and ‘Asset Revaluation adjustment’

  • Fair Value Measurement (IFRS13) disclosures

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• Extensive range of guides and tools

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• Tools to enable reassignment of asset IDs or re-allocation of components (including re-segmentation)

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• Containers to store reports, supporting documents, audit reports, etc

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