ME203 Advanced Topics and Case Studies
- Registration Closed
Class Date/Time
Tuesday, January 24, 2023 - Friday, January 27, 2023
10:00am-6:00pm Eastern US
Class registration will close on Monday, January 23, 2023.
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.
Class Schedule
Times Listed in Eastern US
- Day 1 - Tuesday, January 24, 10:00am - 6:00pm
- Day 2 - Wednesday, January 25, 10:00am - 6:00pm
- Day 3 - Thursday, January 26, 10:00am - 6:00pm
- Day 4 - Friday, January 27, 10:00am - 1:00pm (Final Exam)*
*The final exam will be administered and proctored the day after the last class on Friday, January 27. 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 32 ASA CE Instructional Hours and 3 Exam Hours.
Course Description
This course will introduce more advanced concepts and techniques than those taught in ME201 and ME202. A review of case studies illustrating a range of operating entities will be employed. This course will explore exponential pricing techniques, cost estimation, reproduction vs. replacement costs, quantifying functional obsolescence, use of research data, time value of money calculations and more. A financial calculator (we recommend HP12C) is required.
*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.
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).
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.
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.
Jack Beckwith, ASA, CEA
President
EAGI
Jack Beckwith currently serves on the IVSC’s Advisory Forum ASA’s Representative and Senior Instructor teaching MTS Principle of Valuation courses.
Mr. Beckwith’s professional career began in 1976, when he began distributing new and refurbished medical equipment to the healthcare industry. He owned and operated Mission Medical which had several offices in Texas and Mexico. He became aware of the importance of the appraisal methodology and the compliance issues associated with this profession. In 1996, he sold Mission Medical and entered the appraisal field full time and received his ASA designation.
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.
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