ME201 Introduction to Machinery & Equipment Valuation

Class Date/Time

Wednesday, September 7, 2022 - Saturday, September 10, 2022
10:00am-6:00pm Eastern US

Class registration will close on Friday, August 26, 2022. 

Registration Includes 

• One registrant log-in to the live sessions 
• Electronic student materials

Class Format - Virtual

ASA is offering the opportunity for students to attend this class  live via the internet as a remote participant. Virtual students share the same educational experience as the students in the classroom and can participate live just as if they were attending physically. Also, be sure to review the Hybrid FAQ's before registering. 

Class Schedule

Times Listed in Eastern US

• Day 1 - Wednesday, September 7, 9:00am - 6:00pm 
• Day 2 - Thursday, September 8, 9:00am - 6:00pm
• Day 3 - Friday, September 9, 9:00am - 6:00pm
• Day 4 - Saturday, September 10, 9:00am - 12:00pm (Final Exam)*

*The final exam will be administered and proctored the day after the last class on Saturday, September 10. Exams are no longer provided in a written format and students MUST have a personal laptop or computer device to complete the secure online exam. For any exam questions or technical/logistic concerns, contact education@appraisers.org. More detailed information will be provided before class concludes.

Please note: Partial credit will not be awarded for this offering. Students must participate in all the live session(s) virtually or in-person to complete the course and receive full credit following successful completion of the final exam. The virtual session(s) will not be recorded and/or made available after class.

Continuing Education (CE) Credit

Class provides 28.8 ASA CE Instructional Hours and 3 Exam Hours.

Additional Information

ASA-accredited members (AM, ASA, FASA) who would like to attend this class will receive a 50% discount. This discount will be automatically applied at checkout.

Course Description

This course will introduce appraisal terminology and concepts and provide students with a solid foundation for a career in appraisal of machinery and equipment. This course covers MTS appraisal terminology; functions and purposes of appraisals; introduction of the three approaches to value; depreciation and factors affecting depreciation; field inspection techniques and safety; introduction to the issues of indexes in machinery and equipment appraising; basic pricing exercises for current and obsolete assets; and ethics and professional standards.

*Accredited MTS Members who took the ME201-204 courses for accreditation purposes may not retake the courses for reaccreditation/continuing education (CE) credits. Those who have not previously completed these courses must successfully pass the associated exam to receive ASA reaccreditation/CE credit.  No reaccreditation/CE credit will be awarded for the audio version of this course. 

Instructional Methods

Methods include lectures, discussions and individual/ group exercises and assignments.  

Course Audience

Appraisers, accountants, attorneys, auctioneers, bankers, engineers, leasing company staff, farm managers, forensic consultants, shop staff, and the appraisal community at large who are involved in the valuation of machinery and equipment. A financial calculator is necessary for all courses, we recommend the HP12C.

Required Reading

ASA’s Valuing Machinery and Equipment: The Fundamentals of Appraising Machinery and Technical Assets 4th Ed is the authoritative textbook on the theory and methodology of appraising machinery, equipment, and technical assets. The 2020 edition includes revised and updated chapters on topics like the sales comparison approach, appraisal report writing, and valuations for financial reporting, completely rewritten chapters on topics like aircraft appraisals, and a new chapter on ad valorem tax appraisals. It also includes updated appendices with appraisal research sources, an enhanced index, and a wholly rewritten and improved glossary.

Purchase - Valuing Machinery and Equipment, 4th Edition

Learning Level 

Fundamental 

Continuing Education and Contact Hours

32 Hours of CE are provided upon completion of the course (including exam hours).

eMaterials

All course materials included with your registration are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. All downloadable class materials are accessible via your class Handouts tab. Once eMaterials have been posted for download, the class is no longer refundable.

Accessing eMaterials

eMaterials are provided electronically in PDF format and posted to the class within class Handouts tab for all registrants to securely access prior to the start of the class. Attendees should come to class prepared with an electronic or printed copy of all eMaterials to use as a reference. OnDemand course registrants receive access to materials immediately following registration.

PDF course materials are presented in color, are bookmarked, and comment enabled. When opting to print downloaded materials, it is recommended that personal print settings be adjusted to print in black and white (or grayscale) and consider printing double-sided on recycled paper.

Certificate of Completion

Please allow 5-10 business day following successful completion of the course or final exam to receive a formal status notification and access to a certificate of completion. The certificate will be available to view and download/print from within the class Certificate tab.

Please do not purchase non-refundable airline tickets until you receive your official course confirmation from ASA.

Hotel

JW Marriott Tampa Water Street
510 Water St, Tampa, FL 33602
+1 (813) 221-4950

Located in the vibrant Water Street neighborhood of downtown Tampa, JW Marriott Tampa Water Street offers an elevated hospitality experience for the 2022 ASA International Conference (ASAIC22) attendees. Luxurious guest rooms and suites provide stunning cityscape and water views, featuring modern décor and elegant touches.

And just steps outside the hotel enjoy beautiful waterfront views and feel the warm sun along the Tampa Riverwalk. This 2.6-mile walk runs along the Hillsborough River to the Garrison Channel. From the bustling Heights Market at Armature Works, to the Sparkman Wharf, visitors can walk, bike, or take a scooter down the Riverwalk stopping at one of the many attractions, bars, or restaurants. At night, witness the colorful lights that bring the Riverwalk to life.

Special Group Rate:
$199 single/double

Reservation Cutoff Date: Tuesday, August 16, 2022 (11:59pm ET)

Reservations made after the cutoff date will be subject to availability and current room rate. To make hotel reservations online, visit the ASA dedicated hotel reservation site. To make reservations by phone, contact Marriott reservations at 1 888 789-3090 or +1 813-221-4950 . Be sure to mention 2022 ASA International Conference to receive the group rate.

Parking

Valet Parking: $32/day (rate as of March 2022). Attendees receive a 20% discount on parking.

Travel/Airport

Tampa International Airport services Tampa, FL.

Transportation

Uber and Lyft
Approximate minimum one-way charge is $24. Service can be accessed via mobile app. Be sure to check pickup locations for your specific arrival terminal. (Rates will vary based on traffic conditions).

Taxi
There is a flat rate of $30 from Tampa International Airport to all downtown properties. Approximate charge from JW Marriott to Tampa International Airport is $24. (Rates will vary based on traffic conditions.)

Rental Car
All major rental car companies are located at on-airport or at remote facilities. Access to on-airport rental car providers is available by taking the SkyConnect train from the Main Terminal. Remote bag check is available for most domestic passengers. Service is available daily from 5 a.m. until 7 p.m.; must arrive at least 90 minutes prior to scheduled departure. Please note hotel parking charges are not included with guest room fees.

Financial Assistance

ASA’s Educational Foundation recognizes students who choose to invest their time in appraisal studies by providing assistance to students demonstrating a financial need. Please visit the Educational Foundation's webpage for more information and to download an application.