CEMP102 Appraisal Review for CEMP

Description

In the Appraisal Review for the Certified Equipment Manager Professionals course, CEMP102,  participants will delve into crucial aspects of machinery & equipment appraisal review. They will develop a thorough understanding of the relevant standard of care governing the appraisal process, ensuring compliance with industry regulations and best practices. Through hands-on experience and practical exercises, participants will sharpen their ability to critically analyze machinery & equipment appraisals, identifying key indicators of credibility and accuracy. Furthermore, they will learn how to effectively communicate their findings by writing comprehensive appraisal review reports that are complete, adequate, accurate, relevant, and reasonable, all while ensuring clarity and accessibility for stakeholders. As a takeaway, participants will receive valuable tools and techniques to reinforce their understanding and application of the main aspects of the appraisal review process, empowering them to excel in their professional roles.

Instructional Methods

CEMP102 immerses participants in the learning process with a discussion-based curriculum that includes group involvement and asynchronous learning with limited lectures.  This course offers appraisal review methodology and standard of care practices by utilizing redacted machinery and equipment appraisal reports.

Course Audience

Equipment / Asset Managers, Credit Officers, Portfolio Managers, Attorneys, and others who are not Accredited Appraisers.

Learning Level

Fundamental

Continuing Education and Contact Hours

8 hours of CE are provided upon completion of the course.

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

Class Schedule

SESSION 1 MARCH 18 | 10:30-2:30PM ET
SESSION 2 MARCH 19 | 10:30-2:30PM ET

Virtual Class Registration Includes

One registrant log-in to the live sessions

Downloadable course materials to include a Student Manual and any additional handouts i.e. administrative/exam guidance, if applicable.  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.

Attendance

This is a highly interactive class. Registrants must participate in the entire class (all class sessions) with cameras turned on in order to sit for the exam and receive a certificate following successful completion of the exam. The class will not be recorded or provided as an archive per accrediting body guidelines.

Final Exam

All exams will be conducted through ASA’s online exam platform on XXX. Successful completion of the exam is required in order to pass the class. Students must complete the online exam within 21 days after the class concludes. Further exam instructions and guidance will be provided within the eMaterials once available.

Certificate of Completion

Please allow 10-15 business days following successful completion of the exam in order to receive a certificate of completion via email notification. The certificate will be available for download under “My ASA Courses” on the ASA website (login required).

Download or Print eMaterials

Attendees should bring to class either an electronic copy (loaded on a laptop or mobile device) or a print copy of all course handouts to use as a reference. All course eMaterials are in an Adobe PDF format which can be viewed using the free Adobe Reader application. eMaterials are presented in color and are bookmarked and comment/typewriter enabled. When opting to print eMaterials, it is recommended that you adjust the print settings to print in black and white (or grayscale) and consider printing double-sided on recycled paper.