ME204 Advanced Topics & Report Writing INTL
Includes a Live Web Event on 04/03/2024 at 7:00 PM (EDT)
Wednesday, April 3, 2024 - Wednesday, April 24, 2024
Class registration will close on Monday, April 1, 2024.
- 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.
This course is geared towards and international audience.
This course builds on the concepts studied in ME201, ME202 and ME203. It delves further into the Income Approach and inputs needed to develop an income model, advancing beyond those concepts taught in the previous courses. The course discusses business structures, basic accounting terminology and the types of financial statements. Accounting for fixed assets is reviewed and business enterprise versus equity valuation is presented along with contrasting business and fixed asset valuation. Capital budgeting analysis is reviewed, and functional and economic obsolescence derived through the income approach is considered. Finally, the course touches on two other topics of interest to the appraiser: Ad Valorem taxes and Inventory. A financial calculator 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.
In addition to lectures and materials, the course will also provide opportunities for students to review, discuss and analyze advanced level case studies.
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.
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
Upon completion of this course, students will be able to:
- Explain and apply the three approaches to value;
- Apply appraisal techniques for leasing, residual forecasting and fair rental calculations;
- Develop and Report a Professional Appraisal Report; and
- Understanding of the role of Standards in the Appraisal process.
Continuing Education and Contact Hours
32 Hours of CE are provided upon completion of the course (including exam hours).
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.
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.
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.