Financial budgeting & valuations
Financial Budgeting and Valuations (P&L, Balance Sheet)
Real estate usually represents the second or third largest overhead to business. The accounting complexities caused by holding some assets as freeholds and others leasehold, and the various heads of expenditure across rent, rates, insurance, service charge and facilities management charges, gives rise to significant budgeting uncertainties for many corporate occupiers.
We can support the corporate in the production of robust benchmarked budgets for all heads of expenditure and supplement this with the provision of valuations, of both freehold and leasehold assets and liabilities to fulfil accounting requirements including provision accounting.
Where formal valuations are required, including for Due Diligence purposes, our Valuation group can provide specialist input.
