ME190 Part 1 Introduction to Financial Reporting for MTS Appraisers: The Basics & Applicable Standards RECORDING

Description

In this webinar, we will dive into a range of financial topics geared towards machinery and technical specialties (MTS) appraisers. The session will cover applicable terms and definitions, the relevant standards (ASC 805 and ASC 820), how valuation teams are structured, and the important role MTS appraisers play in valuations for financial reporting. We'll also explore the reasons behind these valuations, the applicable value premise under different standards, and the proven approaches to value in the current landscape.

Attendees will gain a strong grounding in the basics, ensuring they understand the terminology, standards, valuation team dynamics, and their impact on financial reporting. This session lays the foundation for mastering the essential components that drive effective and reliable valuations in today’s marketplace.

Course Audience

Any MTS appraiser who performs valuations or wants to perform valuations for financial reporting.

General Webinar Information

Join ASA webinars via your Education Dashboard on the ASA website. In addition, this presentation will be recorded and made available post-webinar for purchase via the ASA Marketplace.

System Requirements

To ensure the best ASA webinar experience, be sure to download the Zoom app on your device before the webinar begins.

Continuing Education (CE) Information

This webinar will award 3.6 CE hours.

If you are a designated member of the American Society of Appraisers, CE credit will automatically be entered into your record ONLY if you participate in the live webinar. Please allow approximately 2 weeks post-webinar for ASA to notify participants via email regarding a certificate of completion.

• Discuss relevant terms that the MTS appraiser needs to understand
• Understand the applicable standards
• Assess how we as MTS appraisers add value to the financial reporting process
• Define Fair Value and how it compares to other value definitions we already use

• Applicable terms and definitions
• The Appropriate Standards (ASC 805 and ASC 820)
• The makeup of the Valuation Team
• The MTS Appraisers role in valuations for Financial Reporting
• The makeup of the Valuation Team
• The MTS Appraisers role in valuations for Financial Reporting
• The reasons why these valuations are performed
• The applicable Value Premise under various Standards, and the Approaches to Value