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Equipment appraisals for financial reporting, prepared in accordance with USPAP. AppraiseItNow delivers certified fair value reports for fixed assets and acquisitions, keeping your balance sheet accurate and audit-ready.
They diligently researched both equipment items and provided well-documented reports
100% Recommended! I wouldn’t use anyone else for my business
Joe and his team were very professional, fast and thorough
DEFENSIBLE, USPAP-COMPLIANT MACHINERY & EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, AUDITORS, AND THE COURTS.
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Owner & CEO
Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.
Machinery & Equipment Appraiser
Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.
Vehicle Appraiser
CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsAppraiseItNow provides fair market value appraisals for equipment and machinery used in financial reporting contexts, including purchase price allocations under ASC 805, fixed asset valuations under ASC 360, and IRS-required substantiation during audits. Our equipment valuation practice covers the full range of industrial, commercial, and specialized machinery that appears on balance sheets, in acquisition filings, and in tax returns. Accurate valuations at the asset level directly affect depreciation schedules, income statements, and the defensibility of reported figures under GAAP and IRS scrutiny.
We deliver appraisals both online and onsite across the United States, adapting our approach to the complexity of the equipment and the reporting deadline involved. Whether you need a single machine valued for an audit or a full fleet assessed for a business combination, our financial statement valuation services are built to meet USPAP Standards 7 and 8, with credentialed appraisers holding ASA and ISA designations in machinery and equipment.
AppraiseItNow covers a wide range of asset types that commonly require valuation for balance sheets, acquisitions, and audit support.
Our process and deliverables are designed to meet the documentation standards required by auditors, lenders, and the IRS.
What clients say we are known for
Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.
Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
Machinery & Equipment Appraisal for Bankruptcy Filing
Joe and his team were very professional, fast and thorough. Highly recommend
Machinery & Equipment Appraisal for Mergers & Acquisitions
AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
Machinery & Equipment Appraisal
From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
ASC 820 fair value: the exit price in an orderly transaction between market participants at the measurement date. It governs equipment measured in business combinations under ASC 805 and impairment testing under ASC 360, and it is conceptually distinct from the fair market value used in tax work and the liquidation values used by lenders.
Not under U.S. GAAP. Property, plant, and equipment stay at historical cost less depreciation and impairment, and APB Opinion No. 6 expressly prohibits writing assets up to appraisal or market values above cost. IFRS differs: IAS 16 permits a revaluation model carried at fair value, which is why the two frameworks diverge on the same machine.
At impairment and reclassification events: when carrying amounts of held-and-used equipment may not be recoverable, ASC 360 requires writing them down to fair value, and equipment held for sale is measured at fair value less selling costs with depreciation stopped. Those fair values are typically developed by appraisal using market, cost, or income approaches.
Because orderly and forced liquidation values assume compelled sales, not the orderly market-participant transaction ASC 820 requires, and the measurement must prioritize observable market inputs over formula-driven depreciated cost. The report also needs USPAP-consistent disclosure of its standard of value, premise, and effective date to survive audit review.