PP445 Personal Property Appraisal Report Writing Update - July 2024

Class Date/Time

Thursday, July 25, 2024
10:00am-6:00pm Eastern 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

PP445 is being presented online via Zoom and will be taught by a live instructor. Students will meet virtually with the instructor over the internet and will engage in discussions and class exercises.

Course Description

This course provides Personal Property Appraisers with the most up-to-date information about the preparation of an appraisal report, per the standards of the ASA Personal Property Committee and the current version of the Uniform Standards of Professional Appraisal Practice (USPAP). This course was developed:

• To provide information about current content and format requirements for personal property appraisal reports, as developed by the ASA Personal Property Committee. The changing nature of the profession demands that appraisers remain current with methodologies,
• To assist candidates in preparing appraisal reports for submission to the Board of Examiners for accreditation (or for AMs advancing to ASA). Candidates often require several years to complete their experience requirement before they submit appraisal reports. This updated information and report requirements review for accreditation will help them prepare appraisal reports that meet the standards of the Board of Examiners of the ASA Personal Property Committee and the current version of USPAP; and
• To provide candidate members of ASA who belong to other personal property accrediting organizations with the opportunity to learn the ASA report writing requirements for their final steps in the ASA accreditation process.

This course will review the Scope of Work Rule from USPAP and its various aspects including intended use, intended users, type of value, effective dates and approaches to value and relevant markets. This course focuses on the information that must be communicated to clients and intended users to make the appraisal report USPAP compliant.

Course Audience

As this is an advanced report writing class, students must have successfully completed an introductory report writing class prior to registration. Introductory classes may have been taken with ASA or other professional appraisal organizations. This class is for:

• Students who have successfully completed PP203 Communication of a Personal Property Appraisal: Report Writing (or an equivalent with another appraisal organization);
• ASA Candidates who are preparing appraisal reports for submission to the Board of Examiners for accreditation and have completed PP203;
• ASA Candidates who are bridging from other organizations and for current AMs or ASAs who need to remain informed about the currently accepted appraisal report format developed by ASA's Personal Property Committee

Learning Outcomes

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

• Describe the valuation theories and concepts currently taught in ASA's POV courses (PP201-PP204);
• Discuss recent changes that have occured in appraisal techniques, methodologies, and terminology;
• Review and understand the required parts of the appraisal report in relation to the ASA "Report Writing Checklist"

Learning Level

Advanced

Continuing Education (CE) Information

This course will award 8 CE hours.

Prerequisites

As this is an advanced report writing class, students must have successfully completed an introductory report writing class prior to registration. Introductory classes may have been taken with ASA or other professional appraisal organizations. This class is for:

• Students who have successfully completed PP203 Communication of a Personal Property Appraisal: Report Writing (or an equivalent with another appraisal organization);
• ASA Candidates who are preparing appraisal reports for submission to the Board of Examiners for accreditation and have completed PP203;
• ASA Candidates who are bridging from other organizations and for current AMs or ASAs who need to remain informed about the currently accepted appraisal report format developed by ASA's Personal Property Committee

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 materials are accessible via your education dashboard (login required). 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 the Education Dashboard 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/or download from within the class listed in your Education Dashboard.

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.