Government

American Appraisal assists governmental entities in complying with the regulatory requirements of:

• Governmental Accounting Standards Board (GASB) 34 and 35
• OMB Circular A-123
• OMB Circular A-21
• Federal Accounting Standards Advisory Board (FASAB)
• CFO Act

Our valuation and consulting services assist institutions in meeting capital budgeting, financial reporting and risk management requirements. Our reports comply with SSAE 16 and have withstood the scrutiny of all cognizant agencies and internal/external audit review.
 

Who We Serve American Appraisal provides valuation, consulting and advisory services to: State, county, city and municipality governments US federal government branches and associated contractors US military forces and associated contractors Public utilities Waste and wastewater districts Public school districts School boards and boards of education Airports Governmental-entity insurance risk pools

What We Do
We provide valuation and fixed asset management expertise in all classifications of tangible and intangible assets, including:

American Appraisal assists its clients in the public sector with:

• Insurance placement and risk management, including primary and secondary COPE data collection
• Fixed asset inventory and reconciliation services
• IT asset inventory
• Identification and valuation of surplus property
• Infrastructure valuation
• Verification, compilation and periodic updating services
• Outsourcing of fixed asset management using proprietary, SSAE 16-compliant e-PRAIS® system
• Cost segregation studies to assist public organizations in classifying building construction and project renovation costs and related depreciation on a component-by-component basis
• Real estate advisory, including valuations for donations and property tax purposes

Recent Experience
American Appraisal’s recent experience in the public sector includes:

• Annual property insurance appraisals for school board risk pools
• Annual property insurance appraisals for state-wide risk pools including historic structures
• Annual fixed asset inventory and reconciliation services for hundreds of public school districts throughout the United States
• Market value analyses of multiple US and international properties for the US Department of State
• Valuation and consulting services to assist the United States Coast Guard with financial reporting for several marine vessels
• Development of FAR 52.245-compliant property plan including inventory and reconciliation services for a defense contractor

Why American Appraisal?
American Appraisal has extensive experience with the GASB, OMB and FASAB financial reporting requirements that affect governmental and other public-sector entities. Our comprehensive analyses ensure that entities meet regulatory guidelines and comply with stringent reporting requirements.