A comprehensive analysis of the literature to determine whether the quantity and quality of market inputs utilized for valuation have a significant impact on the accuracy of the fair value of PPE

This study researches the impacts of market inputs on the accuracy of Fair Value (FV) assessment for Property, Plant, and equipment (PPE). It aims to address the gaps and limitations in the existing literature by examining the relationship between market inputs and the valuation accuracy of PPE across various businesses and settings. Prior research has focused on FV assessment of specific asset classes or industries. The research goals are to look at the significance of market inputs in FV assessment and decide their general importance in PPE valuation. This study demonstrates the significance of relevant and trustworthy market inputs for valuers in arriving at reliable FV estimates. 

The main results of the study show that Valuers should use a combination of income-based and market-based methods to value PPE assets for accounting purposes taking into account industry-specific factors that can affect the FV. The study offers suggestions for valuation practitioners, regulators, and accounting professionals to increase the accuracy and dependability of PPE valuations based on its findings. This study supports to improve the credibility of value opinions, encourage consistency and transparency in reporting, and ultimately make it easier for stakeholders to make informed decisions by implementing these recommendations. By examining the significance of market inputs and highlighting inconsistencies in empirical evidence, this study concludes that it contributes to our understanding of FV estimation for PPE.