Throughout the course of your business and the transactions you make, you will come across assets of various types and features. Ensuring liquidity of assets depends on whether you are able to determine their value in terms of money. However, there are other reasons why preparing a valuation of assets may prove necessary - transaction goals (trading a certain good) being only one of them. Most often, valuation of a given asset is prepared in connection with reporting requirements or to serve as an opinion in on-going court proceedings. Valuation is also used in management of certain assets as a tool for identifying factors that promote the growth of their value.