ME190 Part 4 Introduction to Financial Reporting for MTS Appraisers: Surviving the Audit Review
Includes a Live Web Event on 02/04/2026 at 12:00 PM (EST)
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- Non-Member - $119
- Member - $79
Wednesday, February 4, 2026
12:00 p.m. - 2:00 p.m. Eastern
Description
Once a financial reporting valuation is completed, the project is not done. The work typically goes through an audit process. Navigating an audit can be demanding but mastering it is essential for every MTS appraiser. This webinar guides you through the entire audit review, clarifies the distinct roles of both reviewer and appraiser, and highlights strategies for building work files that withstand scrutiny.
Gain practical tips for eliminating audit “red flags” and discover why a solid draft report is so valuable in the financial reporting process. Whether improving documentation or learning how to approach reviewer feedback with confidence, this session equips attendees with best practices.
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 not 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 2.4 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.
Douglas Krieser
Managing Director
Valcon Partners, Ltd.
Douglas Krieser, ASA FRICS has performed valuations for over 34 years. He is the Managing Director at Valcon Partners, LTD. He is a Past-President of the American Society of Appraisers (ASA), the past Chair of the Board of Examiners, has served on the MTS Committee and on various committees and task forces for both the ASA and the Appraisal Foundation. He has been teaching and writing ASA courses, webinars and presentations for over 18 years.
The majority of his career has been spent performing valuations for financial reporting, ad valorem tax and litigation purposes. Mr. Krieser has performed and supervised valuations throughout the United States, Europe, Asia, and South America. In addition to his valuation experience, Mr. Krieser is regarded as an expert witness and has testified in several states regarding personal property tax matters and in federal bankruptcy court.
In addition to authoring articles for various value-related publications and being a contributing author to various textbooks published by the ASA, Mr. Krieser has presented at national conferences on a variety of valuation and regulatory related topics.
In addition to his membership in the ASA, Mr. Krieser is a Fellow of The Royal Institution of Chartered Surveyors.
- Describe the audit review process, the role of the reviewer and the role of the MTS appraiser
- Discuss best practices in work file development
- Provide pointers on how to best navigate the audit review process and eliminate "red flags"
- Explain the importance and relevance of a draft report in the financial reporting valuation process
Some of the topics this webinar will cover include the following:
- Topics to include:
- Why are reports reviewed by the auditor?
- The Audit Review Process
- What is the Auditor's job in a review
- What is expected of you as an MTS appraiser
- Importance of a good work file
- Audit "red flags"
- How to make the audit review process go smoothly
- Importance of a draft report
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