Accountants use valuation estimates on assets such as property, plant, and equipment. The longer the asset is intended to be used the tricker it gets to properly evaluate the item because the present value of the dollar will be less in the future than currently. Although there are calculations that can be done to help estimate the value of an asset, Accountants use their best judgment and compare to other similar assets to determine the best value of the item. It is not ethical for accountants to use a specific method to estimate an asset price in order to achieve the desired amount. The value of the asset should be determined regardless of outside forces. It is the accountant's job and in their best interest to value the asset as accurately as possible.

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