Valuation is the process or means of conducting statistical analysis in an effort to determine the value of total asset of a company, business, or an organization. There are four techniques adopted in valuation of business assets. They include:
There is the assets accumulation technique.
The discounted cash flow technique and method.
There is also the market value method.
The income evaluation method is also included.
Non-currency expenditure that diminishes the value of fixed and current assets in a company over a given period, due to factors like wear and tear, obsolescence, and age.
It has two meanings, the first being; it