scholarly journals CHANGES IN REAL ESTATE VALUE DYNAMICS DURING SERVICE CYCLES AS A SOURCE OF NEGATIVE PERIODIC PROPERTY DEPRECIATION

2021 ◽  
Vol 20 (Issue Vol 20, No 3 (2021)) ◽  
pp. 535-557
Author(s):  
Yuri POZDNYAKOV ◽  
Maria LAPISHKO
Keyword(s):  
Expert Evaluation ◽  
Short Term ◽  
Repair Work ◽  
Periodic Property ◽  
Tangible Assets ◽  
Independent Expert ◽  
Asset Value ◽  
Methodological Principles ◽  
Basic Hypothesis ◽  
Fair Market Value

Main methodological principles of mathematically describing the patterns of changes in the asset’s value/depreciation dynamics are studied in cases when economic measurements are performed by independent expert evaluation. The basic hypothesis suggests that for all tangible assets, which are characterized by redeemable depreciation, there is a possibility of negative periodic depreciation during short-term service periods when remedial and repair work to eliminate depreciation signs is carried out. The most influential price-forming factors that determine the asset’s depreciation indexes and indicators of value dynamics over long periods are identified and analysed. It is shown that when this period is comparable to the asset’s service life, most of tangible assets are characterized by both positive and negative periodic depreciation indexes at separate times. It is noted that the models used in accounting documents do not describe the actual changes in the value dynamics, and amortization in particular, since they do not take into account the possibility of increasing asset value and periodic negative depreciation. A new kind of mathematical model is proposed that takes into account the opposite signs of periodic depreciation in the operation and service periods. It is proved that the actual indicators of fair market value and periodic depreciation indexes of these types of assets can be determined by performing periodic independent expert evaluation (revaluation).

scholarly journals CHANGES IN REAL ESTATE VALUE DYNAMICS DURING SERVICE CYCLES AS A SOURCE OF NEGATIVE PERIODIC PROPERTY DEPRECIATION

2020 ◽  
Vol 19 (Vol 19, No 3 (2020)) ◽  
pp. 535-557
Author(s):  
Yuri POZDNYAKOV ◽  
Maria LAPISHKO
Keyword(s):  
Expert Evaluation ◽  
Short Term ◽  
Repair Work ◽  
Periodic Property ◽  
Tangible Assets ◽  
Independent Expert ◽  
Asset Value ◽  
Methodological Principles ◽  
Basic Hypothesis ◽  
Fair Market Value

Main methodological principles of mathematically describing the patterns of changes in the asset’s value/depreciation dynamics are studied in cases when economic measurements are performed by independent expert evaluation. The basic hypothesis suggests that for all tangible assets, which are characterized by redeemable depreciation, there is a possibility of negative periodic depreciation during short-term service periods when remedial and repair work to eliminate depreciation signs is carried out. The most influential price-forming factors that determine the asset’s depreciation indexes and indicators of value dynamics over long periods are identified and analysed. It is shown that when this period is comparable to the asset’s service life, most of tangible assets are characterized by both positive and negative periodic depreciation indexes at separate times. It is noted that the models used in accounting documents do not describe the actual changes in the value dynamics, and amortization in particular, since they do not take into account the possibility of increasing asset value and periodic negative depreciation. A new kind of mathematical model is proposed that takes into account the opposite signs of periodic depreciation in the operation and service periods. It is proved that the actual indicators of fair market value and periodic depreciation indexes of these types of assets can be determined by performing periodic independent expert evaluation (revaluation).

Initial Observations on Valuation and Valuation Terminology

2019 ◽  
pp. 99-113
Author(s):  
Nicolaes Tollenaar
Keyword(s):  
Cash Flow ◽  
Market Value ◽  
Option Value ◽  
Enterprise Value ◽  
Going Concern ◽  
Asset Value ◽  
Fair Market ◽  
High Level ◽  
Key Steps ◽  
Fair Market Value

This chapter looks at valuation. It explains that in a restructuring a paper valuation exercise is needed to establish who still is entitled to value and who is not. In a liquidation, where the business is sold to the highest bidder in the market through a proper sale process, a valuation exercise is not required. In liquidation, the value available for distribution is determined by the market. The chapter then offers a high-level outline of the key steps of the valuation exercise in the context of a restructuring. Terminology is defined, such as asset value, cash flow value, going concern value, goodwill, enterprise value, reorganization value, liquidation value, fair market value, and option value.

Kabbage: an innovative source of short-term business loans

2018 ◽  
Vol 14 (6) ◽  
pp. 716-735
Author(s):  
Michael Ozlanski ◽  
Emma Marie Fleck
Keyword(s):  
Short Term ◽  
Content Type ◽  
Secondary Sources ◽  
Business Press ◽  
Small Business Management ◽  
Start Up ◽  
Tangible Assets ◽  
Wide Range ◽  
Key Drivers ◽  
A Company

Synopsis New entrepreneurial businesses are one of the key drivers of innovation and economic development. However, one of their greatest obstacles is accessing capital, especially since they are often initially unprofitable and lack tangible assets in the first few years of operation. Since debt financing from banks can be difficult for them to obtain, their capacity for growth can be limited. This case introduces students to Kabbage, a company that reduced the barriers associated with start-up and microbusiness lending by using a fully automated, data-driven platform. Kabbage made instant decisions on whether these businesses should qualify for a line of credit by reviewing its clients’ electronic data, analyzed quickly and accurately using specific algorithms. Research methodology Given the applied nature of the case, the data were gleaned from a wide range of secondary sources, specifically popular business press which was verified for authenticity. Relevant courses and levels This case can be used in a variety of undergraduate courses. Some course examples include small business management, introduction to entrepreneurship or entrepreneurial finance.

scholarly journals Title: Cytokine release syndrome is not usually caused by secondary hemophagocytic lymphohistiocytosis in a cohort of 19 critically ill COVID-19 patients

2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Georg Lorenz ◽  
Philipp Moog ◽  
Quirin Bachmann ◽  
Paul La Rosée ◽  
Heike Schneider ◽  
...  
Keyword(s):  
Hemophagocytic Lymphohistiocytosis ◽  
Severe Disease ◽  
Cytokine Release ◽  
Cytokine Release Syndrome ◽  
Short Term ◽  
Therapeutic Implications ◽  
Neutrophil Lymphocyte Ratio ◽  
Independent Expert ◽  
Clinical Triad ◽  
Secondary Hemophagocytic Lymphohistiocytosis

Abstract Severe COVID-19 associated respiratory failure, poses the one challenge of our days. Assessment and treatment of COVID-19 associated hyperinflammation may be key to improve outcomes. It was speculated that in subgroups of patients secondary hemophagocytic lymphohistiocytosis (sHLH) or cytokine release syndrome (CRS) with features of macrophage activation syndrome might drive severe disease trajectories. If confirmed, profound immunosuppressive therapy would be a rationale treatment approach. Over a median observation period of 11 (IQR: 8; 16) days, 19 consecutive confirmed severe COVID-19-patients admitted to our intensive-care-unit were tested for presence of sHLH by two independent experts. HScores and 2004-HLH diagnostic criteria were assessed. Patients were grouped according to short-term clinical courses: discharge from ICU versus ongoing ARDS or death at time of analysis. The median HScore at admission was 157 (IQR: 98;180), without the key clinical triad of HLH, i.e. progressive cytopenia, persistent fever and organomegaly. Independent expert chart review revealed the absence of sHLH in all cases. No patient reached more than 3/6 of modified HLH 2004 criteria. Nevertheless, patients presented hyperinflammation with peripheral neutrophilic signatures (neutrophil/lymphocyte-ratio > 3.5). The latter best paralleled their short-term clinical courses, with declining relative neutrophil numbers prior to extubation (4.4, [IQR: 2.5;6.3]; n = 8) versus those with unfavourable courses (7.6, [IQR: 5.2;31], n = 9). Our study rules out virus induced sHLH as the leading cause of most severe-COVID-19 trajectories. Instead, an associated innate neutrophilic hyperinflammatory response or virus-associated-CRS appears dominant in patients with an unfavourable clinical course. Therapeutic implications are discussed.

scholarly journals Modern aspects of stock accounting in budgetary organizations

2021 ◽  
pp. 169-175
Author(s):  
T. L. Leukhina
Keyword(s):  
Public Sector ◽  
Point Of View ◽  
Short Term ◽  
Logical Scheme ◽  
Current Accounting ◽  
Tangible Assets ◽  
Public Sector Organizations

The article considers the problem of current accounting of stocks in public sector organizations through the prism of new standards. As a result, the unity of the system of requirements for accounting of tangible assets was confirmed. The paper reveals the positions of modern scientists and practitioners on the novelty of requirements in the accounting of short-term assets. The author presents the logical scheme of application of norms of accounting of material stocks in the budgetary sphere from the point of view of their subordination. The study generally discloses the criteria for fulfilling the utility of the potential contained in the asset. The article presents and discloses the logical scheme for achieving the utility criterion reflected in the material stock. The author describes the necessity to use inventory as a way to identify signs of attributing assets to stocks or property in storage. 

scholarly journals Endogenous factors in Latvian regional development

2016 ◽  
Vol 14 (3) ◽  
pp. 21-30 ◽  
Author(s):  
Anna Ābeltiņa ◽  
Rosita Zvirgzdiņa ◽  
Juris Ozols
Keyword(s):  
Regional Development ◽  
Evaluation Method ◽  
Synthesis Method ◽  
Theoretical Background ◽  
Endogenous Development ◽  
Expert Evaluation ◽  
Endogenous Factors ◽  
Independent Expert ◽  
The Government ◽  
Expert Evaluation Method

The aim of this paper is to explore what endogenous factors dominate in the regional development of Latvia. To achieve the aim, the following tasks were established: to examine the theoretical background of regional development; to analyze the endogenous factors of regional development in Latvia; to evaluate the significance of the endogenous development factors of regions by using expert evaluation method. The following research methodology was used: literature review, graphical method, expert evaluation method and logically constructive approach – for data evaluation and result analysis; synthesis method – to combine the elements in a unified system; social research methods – to obtain the primary information and to carry out its verification. For expert evaluation data processing the statistical and data analysis methods were used, including the data parametric grouping and correlation calculations, and the average calculations of the factors corresponding to each group. The analysis of the statistical data and the independent expert evaluation results allow concluding that the most important factors influencing regional development are the government decisions and the existing infrastructure, as well as the influence of migration, the distance from the centre and the availability of investment. These findings on regional development apply particularly to a small country where geographically and historically has formed a single highly-developed economic and political centre – the capital, and where does not exist a secondary centre. The research findings confirm the thesis that the endogenous development factors are the primary in the regional development

scholarly journals Cytokine release syndrome is not usually caused by secondary hemophagocytic lymphohistiocytosis in a cohort of 19 critically ill COVID-19 patients

2020 ◽  
Author(s):  
Georg Lorenz ◽  
Philipp Moog ◽  
Quirin Bachmann ◽  
Paul La Rosee ◽  
Heike Schneider ◽  
...  
Keyword(s):  
Hemophagocytic Lymphohistiocytosis ◽  
Severe Disease ◽  
Cytokine Release ◽  
Cytokine Release Syndrome ◽  
Short Term ◽  
Therapeutic Implications ◽  
Neutrophil Lymphocyte Ratio ◽  
Independent Expert ◽  
Clinical Triad ◽  
Secondary Hemophagocytic Lymphohistiocytosis

Abstract Background: Severe COVID-19 associated respiratory failure, poses the one challenge of our days. Assessment and treatment of COVID-19 associated hyperinflammation may be key to improve outcomes. It was speculated that in subgroups of patients secondary hemophagocytic lymphohistiocytosis (sHLH) or cytokine release syndrome (CRS) with features of macrophage activation syndrome might drive severe disease trajectories. If confirmed, profound immunosuppressive therapy would be a rationale treatment approach.Methods: Over a median observation period of 11 (IQR: 8; 16) days, 19 consecutive confirmed severe COVID-19-patients admitted to our intensive-care-unit were tested for presence of sHLH by two independent experts. HScores and 2004-HLH diagnostic criteria were assessed. Patients were grouped according to short-term clinical courses: discharge from ICU versus ongoing ARDS or death at time of analysis.Results: The median HScore at admission was 157 (IQR: 98;180), without the key clinical triad of HLH, i.e. progressive cytopenia, persistent fever and organomegaly. Independent expert chart review revealed the absence of sHLH in all cases. No patient reached more than 3/6 of modified HLH 2004 criteria. Nevertheless, patients presented hyperinflammation with peripheral neutrophilic signatures (neutrophil/lymphocyte-ratio>3.5). The latter best paralleled their short-term clinical courses, with declining relative neutrophil numbers prior to extubation (4.4, [IQR: 2.5;6.3]; n=8) versus those with unfavourable courses (7.6, [IQR: 5.2;31], n=9).Conclusion: Our study rules out virus induced sHLH as the leading cause of most severe-COVID-19 trajectories. Instead, an associated innate neutrophilic hyperinflammatory response or virus-associated-CRS appears dominant in patients with an unfavourable clinical course. Therapeutic implications are discussed.

scholarly journals Facilitating Building Projects’ Short-Term and Long-Term Value Creation

Buildings ◽  
2021 ◽  
Vol 11 (8) ◽  
pp. 332
Author(s):  
Knut Boge ◽  
Amin Haddadi ◽  
Ole Jonny Klakegg ◽  
Alenka Temeljotov Salaj
Keyword(s):  
Principal Component Analysis ◽  
Value Creation ◽  
Principal Component ◽  
Short Term ◽  
Building Projects ◽  
Project Governance ◽  
Asset Value ◽  
Management Priorities ◽  
Building Project

Real estate and buildings are some of facility managers’ most costly resources. Thus, knowledge about how to get the most out of building or renovation projects both in the short term and in the long term are of great importance for facility managers. This paper investigates which factors are most important for building and renovation projects’ output or short-term value creation, and outcome or long-term value creation, i.e., the completed building’s effect for owners and users. Thus, the focus is not primarily financial and the buildings’ asset value. The study is based on a national questionnaire survey in Norway (550 respondents). Multivariate statistics (Principal Component Analysis and Linear Multiple Regressions validated with bootstrapping) were used to test the hypotheses. Short-term project management priorities, such as early involvement of technical contractors and FM providers, contract strategy and involvement of owners and users largely decide the qualities of the building, and thus the potential for long-term value creation. The most important factors for long-term value creation, i.e., buildings that facilitate the demand organisation’s value creation are the qualities of the completed building, project governance and involvement of owners and users during early phase planning.

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