ME201ACS Introduction to Machinery & Equipment Valuation (Aviation Specific)
Includes Multiple Live Events. The next is on 11/15/2022 at 10:00 AM (EST)
Tuesday, November 15, 2022 - Friday, November 18, 2022
10:00am-6:00pm Eastern US
Class registration will close on Monday, November 14, 2022.
- One registrant log-in to the live sessions
- Electronic student materials
Class Format - Hybrid
ASA is offering the opportunity for students to attend this class in person or live via the internet as a remote participant. Virtual students share the same educational experience as in person except that won't be able to physically attend the local Air and Space Museum Tour. If you plan to attend in-person, please do not purchase non-refundable airline tickets until you receive your official course confirmation from ASA. Also, be sure to review the Hybrid FAQ's before registering.
Times Listed in Eastern US
- Day 1 - Tuesday, November 15, 10:00am - 6:00pm
- Day 2 - Wednesday, November 16, 10:00am - 6:00pm
- Day 3 - Thursday, November 17, 10:00am - 6:00pm
- Day 4 - Friday, November 18, 10:00am - 1:00pm (Final Exam)*
*The final exam will be administered and proctored the last day on Friday, November 18. 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 firstname.lastname@example.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 32 Hour of CE including Exam Hours.
This course is the first of four Principles of Valuation (POV) courses that make up ASA's Aircraft Valuation Program which provides the required baseline education on aircraft specific appraisals as part of the Accredited Member (AM) or Accredited Senior Appraiser (ASA) designation. This course is designed to introduce students to proper aircraft appraisal terminology, methods and concepts. The course provides a solid foundation for the remaining three POV courses and will assist each student by broadening their skill set to include an expertise/specialty in the appraisal of aircrafts and equipment, as well as further enhance their career path and professional potential.
Additional course topics include:
- Machinery and equipment 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.
This class will also include a special tour of the local Air and Space Museum - (in person attendees only).
*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.
In addition to lectures and materials, this course will provide opportunities for students to:
- Discuss current, historic and possible future impacts to aircraft values; and
- Learn from industry subject matter experts from companies such as Boeing, Airbus, GE Pratt, Aircraft Post, Jetnet, Bluebook who will serve as special guest speakers
Anyone interested in pursuing a professional designation with ASA with a specialty in aircraft appraisal as well as aircraft brokers and other professionals in the aviation banking, financing, and aircraft maintenance industries.
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
Continuing Education and Contact Hours
32 Hours of CE are provided upon completion of the course (including exam hours).
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.
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.
Classes will be held at ASA Headquarters located at:
2121 Cooperative Way (1st Floor Meeting Space)
Herndon, VA 20171
Embassy Suites by Hilton Dulles Airport (short walk to ASA HQ)
13341 Woodland Park Drive
Herndon, VA 20171
Parking: Plenty of Free parking at the hotel and ASA HQ.
Free shuttle to and from Dulles Airport.
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.