ME203 Advanced Topics & Case Studies INTL

  • Registration Closed

Class Date/Time

Monday, February 5 - Thursday, February 22, 2024

Class registration will close on Sunday, February 4, 2024. 

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

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This course is geared towards and international audience.

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 

Learning Outcomes

Upon completion of this course, students will be able to learn: 

·       Introduction of concepts to the Income Approach theory including Future Value and Discount Rate Development; 

·       Apply Cost Approach estimation using cost capacity exponents, trending, effective weighted age, and inutility calculations;

·       Introduction to leasing terminology with residual exercises;

·       A basic overview of Report Writing comparing USPAP with IVS, and our Code of Ethics

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.

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.

Key:

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Session 1
Zoom Session #1
02/05/2024 at 6:00 PM (EST)  |  180 minutes
02/05/2024 at 6:00 PM (EST)  |  180 minutes Join Session #1 Passcode: 667344
Session 2
Zoom Session #2
02/07/2024 at 6:00 PM (EST)  |  180 minutes
02/07/2024 at 6:00 PM (EST)  |  180 minutes Join Session #2 Passcode: 667344
Session 3
Zoom Session #3
02/12/2024 at 6:00 PM (EST)  |  180 minutes
02/12/2024 at 6:00 PM (EST)  |  180 minutes Join Session #3 Passcode: 667344
Session 4
Zoom Session #4
02/14/2024 at 6:00 PM (EST)  |  180 minutes
02/14/2024 at 6:00 PM (EST)  |  180 minutes Session 4 Passcode: 667344
Session 5
Zoom Session #5
02/19/2024 at 6:00 PM (EST)  |  180 minutes
02/19/2024 at 6:00 PM (EST)  |  180 minutes Session 5 Passcode: 667344
Session 6
Zoom Session #6
02/21/2024 at 6:00 PM (EST)  |  180 minutes
02/21/2024 at 6:00 PM (EST)  |  180 minutes Session 6 Passcode: 667344
ME203 Class Survey Feb 2024
18 Questions
18 Questions We appreciate you taking the time to complete this course evaluation. Your feedback is vital to ASA to provide quality education and courses. Thank you in advance for your valuable feedback as it will continue to help ASA shape future educational initiatives. Sincerely, The ASA Education Team
Session 7 - Final Exam
Join Final Exam Session
02/22/2024 at 6:00 PM (EST)  |  180 minutes
02/22/2024 at 6:00 PM (EST)  |  180 minutes Join Final Exam Passcode: 667344
Verification Code
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Enter code to continue. ME203 Verification Code
ME203 Final Exam
50 Questions  |  1 attempt  |  75/100 points to pass  |  Graded as Pass/Fail
50 Questions  |  1 attempt  |  75/100 points to pass  |  Graded as Pass/Fail This exam is timed and must be completed within three (3) hours. ASA course exams consist of multiple choice only questions. Record your answers and all calculations on your personal supplemental work paper and keep them for your records in the event there is an unlikely technical issue with the system recording your answers. It is recommended that you do not spend too much time on any one question until all questions have at least been attempted. Grades are provided to students as “Pass/Fail” only and course examinations are not returned to students after grading. Good luck!
Exam Acknowledgement
ME203 Course Certificate
32.00 CE credits  |  Certificate available
32.00 CE credits  |  Certificate available