Mawazeen Professional Consulting

Services

Asset valuation for financial reporting

Mawazeen values assets for financial reporting, including buildings, machinery and equipment, and precious metals and gemstones when required for the accounting purpose. We deliver a valuation report and schedules designed to reconcile with the asset register or item list. The engagement can include a field inventory and tagging if asset records need to be completed.

Choose the relevant valuation branch

Precious metals and gemstones valuation

Valuation of gold, other precious metals, diamonds, gemstones and jewellery under the agreed purpose and basis of value. An independent laboratory can be engaged after agreeing the testing scope. Its findings describe the specimen; the valuation report addresses its value for the agreed purpose.

Deliverables: a valuation report and item schedule identifying the records and test results relied on.

Verify Mawazeen on Taqeem: Precious metals and gemstones valuationPrecious metals and gemstones valuation service details (Arabic)

Asset inventory, tagging and reconciliation

If there is no reliable register or the recorded identifiers and locations do not match the assets on site, the work can begin with a field inventory, classification, tagging and reconciliation. A list of discrepancies is provided for the finance team to review. Inventory can be priced separately from fixed asset valuation for financial reporting.

Asset inventory service details (Arabic)
Illustrative results schedule with fictional figures
Asset or item IDDescriptionLocationClassValuation dateValue (SAR)Reconciliation if included
RE-001Warehouse buildingRiyadhReal estate2026-09-302,450,000Matched
ME-014Filling machineRiyadhEquipment2026-09-30175,000Location discrepancy
GM-008Piece of jewelleryJeddahGemstones2026-09-3012,000Matched

What do we agree before starting?

The engagement sets the purpose, basis of value and measurement date. The valuer then selects suitable valuation approaches. The report supports the finance team, but accounting treatment and the external audit opinion remain the responsibility of the respective parties.

Reference: IFRS 13 Fair Value Measurement, when applicable

Frequently asked questions

What documents are needed?

Start with an asset or item list, locations and the measurement date if known. Depending on the class, we may ask for title deeds and plans, purchase records and serial numbers, specifications or existing gemstone reports. We arrange secure document sharing after initial contact.

How does work start without an asset register?

We review the available records, then agree a field inventory and temporary or permanent identifiers so the results can be linked to a list. Inventory and reconciliation can be priced separately.

Can buildings and equipment be included in one engagement?

Yes. One quote can specify the scope and deliverables for each branch. We agree the boundary between buildings and their equipment to avoid double counting, and define the format of the results schedules.

When is independent laboratory testing needed?

When characteristics affecting value are uncertain, such as gemstone identity or treatment, or metal purity. The sample and testing scope must be agreed first. A laboratory finding is not a valuation report.

Request a financial reporting valuation quote

Your details prepare a WhatsApp draft. Review it and press Send in the chat. Do not attach documents here; we will arrange a secure channel after initial contact.

Asset categories