American Appraisal, independent valuation firm enters India

American Appraisal, one of the world’s leading independent valuation consulting firms has started operations in India effective June 2008 with its head office in Mumbai, represented by Managing Director Varun Gupta.  The firm, operating from major financial centers throughout Asia-Pacific, Europe, North and South America provides valuation expertise in all classifications of tangible and intangible assets.

“With Indian companies becoming increasingly active in the global M&A market and also accessing international capital markets, the demand for valuation services is soaring. An added fillip to the demand for valuation services comes from India’s decision to align its GAAP with IFRS by 2011. This is because IFRS requires companies to report their assets and liabilities at fair value rather than historical cost. American Appraisal specializes in helping companies assess the fair value of their assets and liabilities,” said Varun Gupta, Managing Director, American Appraisal.

American Appraisal has been providing valuation and related services all over the world for over a century. It is remarkable in expertise, know-how, longtime experiences and solid performances. It has established its international presence as a fair and independent third-party valuer utilizing global standards appropriate to the current economic environment and suited to local jurisdictions. American Appraisal serves over 5,000 leading corporations, government agencies, tax and regulatory authorities and financial intermediaries worldwide including 50% of the Fortune 500 companies. It is comprised of more than 900 employees, operating from the major financial centers around the world.

In India, American Appraisal will provide valuation and related services to a wide variety of clients in both public and private sectors.

Demand for valuation services in India

Demand for fair valuation of assets is mounting as Indian GAAP is being made internationally acceptable by being aligned with International Financial Reporting Standards (IFRS).
Necessity for fair and proper valuation made by an independent valuation agency is mounting as shareholders have learned to make an increasingly strict surveillance of their company in such transactions as purchases and disposals of assets
A greater proportion of the value of a modern company resides in its intangible assets rather than the tangible assets. Hence corporate management is more aware of the importance of intangible assets such as brands, patents, customer relationships, licenses and intellectual properties.
What sets American Appraisal apart:

“Glocality”
Capability in valuing both tangible and intangible assets
Ability to serve clients across all industry sectors
Reliable services based on a century’s experience
Backed by vast database of information
Sourced From: Genesis Burson-Marsteller