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:	TA Engineering (General) Civil engineering (General)
Online Access:	http://eprints.utm.my/id/eprint/12202/1/KholimSahrayMFKSG2009.pdf
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id	my-utm-ep.12202
record_format	uketd_dc
spelling	my-utm-ep.122022018-06-25T03:20:14Z Quantifying depreciation in plant and machinery valuation 2009-05 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 http://eprints.utm.my/id/eprint/12202/ http://eprints.utm.my/id/eprint/12202/1/KholimSahrayMFKSG2009.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Geoinformation Science and Engineering Faculty of Geoinformation Science and Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
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
qualification_level	Master's degree
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
granting_institution	Universiti Teknologi Malaysia, Faculty of Geoinformation Science and Engineering
granting_department	Faculty of Geoinformation Science and Engineering
publishDate	2009
url	http://eprints.utm.my/id/eprint/12202/1/KholimSahrayMFKSG2009.pdf
_version_	1747814906657243136

Quantifying depreciation in plant and machinery valuation

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