The Philadelphia Chapter of the American Society of Appraisers will sponsor ME204-OOO (formerly MTS204) Advanced Topics and Report Writing on March 6, 7 & 8, 2017 from 8:30 am to 5:00 pm at The Desmond Great Valley, located at One Liberty Boulevard, Malvern PA 19355. The instructor for the 3-day ASA course will be Richard A. Berkemeier, ASA.
The course provides a comprehensive review of the concepts studied in ME201, ME202 and ME203. It reviews the application of appraisal techniques to valuation of an integrated facility, such as a steel mill, and it considers various professional standards including USPAP, IVS and Ethics and their relationship to report writing. It also discusses how to develop and write a professional appraisal report.
This recently updated course examines in-depth the skills needed to address obsolescence — physical, functional and economic. And it will provide the tools needed to analyze inutility, complex leasing structures, residual forecasting, and fair rental calculations (for leasing), as well as facility valuation using all three approaches to value. Throughout, there will be an emphasis on applying the concepts studied to day-to-day practice.
Mr. Berkemeier is an independent senior asset management professional offering more than 20 years of appraisal experience within the capital markets, including risk management, inventory assessment, appraisal review, liquidation expertise, debtor-in-possession financing, and collateral management.
Please register ASAP for this class to avoid disappointment. Seating is limited.
Tuition for the class is $1200 per person, which includes all course materials, morning and afternoon beverages, and lunch buffet. You may pay by check or online. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail, including your name, phone number and email address, to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462. RSVP by email, phone (610-277-1366) or fax (610-277-1366).
This course explores in depth the ideas introduced in MTS201 and provides students with a better understanding of the types of value commonly used in the appraisal of machinery and equipment. This course addresses the issues of price vs. value, indirect costs, use of and development of indexes, age-life concepts, recommended rounding of figures, types of values for MTS appraisals, reproduction cost new, replacement cost new, replacement cost depreciated, fair market value in use, orderly liquidation value, forced liquidation value and supporting conclusions for various purposes.
This course will introduce appraisal terminology and concepts and provide students with a solid foundation for a career in appraisal of machinery and equipment. This course covers machinery and equipment appraisal terminology; functions and purposes of appraisals; introduction of the three approaches to value; depreciation and factors affecting depreciation; field inspection techniques and safety; introduction to the issues of indexes in machinery and equipment appraising; basic pricing exercises for current and obsolete assets; ethics and professional standards.
Mitchell Caspert, who took his B.S. at Syracuse University and his J.D. at the Thomas Jefferson School of Law. enjoyed a 20-year career supervising the administration of attorneys and legal professionals at two prominent New York City law firms. After 9/11. he returned to the family business, while maintaining his interest in the law and technology.