Global has a proven track record in delivering successful outcomes for clients.
The following case studies demonstrate the approach and positive results achieved.
Valuation project for university
An Australian university engaged Global to provide asset valuation services for the valuation of their land, buildings, infrastructure, plant and equipment throughout their full portfolio of assets. After an initial assessment, Global identified a number of valuation errors and raised adjustments to rectify the errors. Global also highlighted a number high value items which had discrepancies with the asset register.
On Global’s recommendations, the university streamlined their accounting processes which made their asset register easier and more cost-effective to manage. By committing to the rolling program of valuation, the university was also able to more accurately budget and manage changes in assets.
The university received only seven queries from the Audit Office of NSW, which in comparison to previous audits with numerous follow up queries, which was a significant improvement.
Valuation project for an Area Health Service
A large New South Wales area health service engaged Global to provide asset valuation services for the valuation of their entire portfolio of land, buildings and infrastructure.
During this valuation we identified numerous properties that were not recorded on their asset register, and missing from their portfolio. Our report picked up all the assets and left the client with the full picture of their assets.
Since our valuation the Global report has now become the ‘benchmark’ for this type of valuation exercise for Area Health Services to ensure completeness of their property portfolio.