ME218 Machinery & Technical Specialties International Valuation Course

Class Date/Time

September 29, 2023
9:00am-5:00pm Central US

Registration Includes

• One registrant log-in to the live session via Zoom
• Downloadable course materials to include a Student Manual and any additional handouts

All course materials are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. Once eMaterials have been distributed, courses are no longer refundable.

Class Format - Hybrid

ME218 is being presented online via Zoom and will be taught by a live instructor AND in person. Students will meet virtually with the instructor over the internet and will engage in discussions and class exercises as well as with in person students.

Description

The 7 Hour IVS course prepares the Valuer with what should be in a report to meet the IVS compliance requirements.  The material will give a cursory comparison of USPAP and IVS requirements.  This includes similarities and differences of important topics regarding development and reporting aspects of communicating of value acceptable to the client, regulator, or stakeholder.  

The American Society of Appraisers (ASA) is considered the leader in advancement of valuation theory with a growing international membership of appraisal professionals around the globe in the discipline of Machinery & Technical Specialties (M&TS).  This course will focus on stages of the IVS glossary that ties together the standards specific to IVS 300 Plant and Equipment. 

There is a case study at the conclusion of the course that allows the student to implement the terms of the engagement with the subject matter to complete the valuation reporting.  This will be of importance to your credibility in our industry whether the subject matter is located in North America and the client operates from a different continent.   

Instructional Methods

This one-day class will be presented in a lecture and discussion format.

Course Audience

International Valuers, MTS appraisers

Learning Level

Fundamental

Continuing Education (CE) Information

This class will award 7 CE hours without an exam.

Learning Outcomes

A valuation report represents an end product of each valuation assignment and is the Valuer’s main communication with the Client or Stakeholder.  In the eyes of the M&TS Board of Examiners using an objective checklist, does the narrative report sufficiently communicate the scope of the valuation assignment, the purpose of the valuation and intended use, any related limiting conditions, the work performed, and a comprehensive end conclusion reached?   

ME218 MTS International Valuation Course will address those issues. 

Agenda over 7 hours: 

Module 1-USPAP vs. IVS 

Module 2-Framework, Engagement, Reporting 

Module 3-Valuation, Approaches, Reporting, Investigation 

Module 4-IVS 300 Plant & Equipment 

Module 5-Case Study 

Module 6-Report Exercise 

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

Hotel

Located on Canal Street, the Sheraton New Orleans Hotel is just steps from the buzz of the French Quarter! Refined guest rooms and suites boast plush bedding, spacious work areas, modern technology and floor-to-ceiling windows overlooking the French Quarter and the Mississippi River. Enjoy easy access to countless New Orleans attractions including the French Quarter, Jackson Square, St. Louis Cathedral, Bourbon Street, Audubon Aquarium, the Garden District and more!

Sheraton New Orleans Hotel
500 Canal Street
New Orleans, LA 70130
+1 504-525-2500

Special Group Rate:
$199 single/double

Reservation Cutoff Date: Monday, September 4, 2023 (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 +1 504-525-2500. Be sure to mention the 2023 ASA International Conference to receive the group rate.

Parking

Self Parking: $35/day

Valet Parking: $48/day (rate as of March 2023).

Electric car charging available on-site.

Travel/Airport

Louis Armstrong New Orleans International Airport..

Transportation

Uber and Lyft
Minimum one-way charge is approximately $35. 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
A cab ride costs approximately $36 from the airport to the city center for one or two people and $15 per passenger for three or more passengers. Pick-up is on the lower level, outside the baggage claim area. Prices are subject to change but are regulated by the city. Rates may vary based on traffic conditions.

Rental Car
Nine rental car companies operate at Louis Armstrong New Orleans International Airport. The MSY Consolidated Car Rental Center is open 24 hours a day/7 days a week/365 days a year. Connect to the MSY Rental Car Center using the MSY Rental Car Lot Shuttle. The shuttle takes approximately 15-20 minutes to drive from the terminal to the rental car facility.