The team at AVR Consulting provide high quality and robust financial reporting valuations. Our reports and supporting data assist our clients in the preparation of their annual financial statements, and our valuations are always prepared to meet International Financial Reporting Standards (IFRS) and Australian Accounting Standards (AAS). Our team has provided valuations to government departments at Commonwealth, State and Local levels, as well as to clients in the Education, Health, Infrastructure and Private sectors.
Reporting Entities that have an obligation to declare their asset valuations in accordance with Australian Accounting Standards, are in safe and experienced hands with us.
We have provided valuations in this sector for over 25 years, without audit qualification.
AUDIT SUPPORT
Support during the post valuation audit process is vital. We understand the importance of it and how time-consuming it can be for clients if the valuation outcomes are unsupported. We pride ourselves on our approach to this part of the process and have developed VAST. (Valuation Audit Support Tables) as a standard inclusion to our reports.
We provide financial reporting valuations in accordance with the following Australian Standards:
- AASB3 – Business Combinations;
- AASB5 – Non-Current Assets Held For Sale and Discontinued Operations;
- AASB13 – Fair Value Measurement;
- AASB116 – Property Plant and Equipment;
- AASB117 – Leases;
- AASB136 – Impairment of Assets;
QLD – NCAP’s;
- NSW – Treasury Policy Papers;
- VIC – Financial Reporting Directions;