The Philadelphia Chapter of the American Society of Appraisers will sponsor MTS201 Introduction to Machinery and Equipment Valuation on May 11, 12, 18 and 19, 2015 from 8:30 am to 4:30 pm at DLL Financial Services, located at 1111 Old Eagle School Road, Wayne PA 19087. The instructors for the 4-day ASA course are Richard A. Berkemeier, ASA and Paul R. Cogley, Jr., ASA.
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.
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.
Mr. Cogley is a Senior Vice President – Commercial Valuation Manager for Banc of America Leasing in Providence, Rhode Island, managing a valuation staff for the middle market and business banking segments.
Please register ASAP for this class to avoid disappointment. There are just 8 seats available.
Tuition for the class is $1250 per person, which includes all course materials, and may be paid 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).
The Barnes Foundation was established by Albert C. Barnes in 1922 to promote the advancement of education and the appreciation of the fine arts and horticulture. The Barnes holds one of the finest collections of Post-Impressionist and early Modern paintings, with extensive works by Pierre-Auguste Renoir, Paul Cézanne, Henri Matisse, Pablo Picasso, Henri Rousseau, Amedeo Modigliani, Chaim Soutine and Giorgio de Chirico, as well as American masters Charles Demuth, William Glackens, Horace Pippin and Maurice Prendergast, Old Master paintings, important examples of African sculpture and Native American ceramics, jewelry and textiles, American paintings and decorative arts and antiquities from the Mediterranean region and Asia.
Ms. Wurtzel, who is also an adjunct faculty member at Temple, Rutgers and Arcadia Universities, holds a B.A. in economics and finance from Temple’s Fox School of Business, and an M.A. in economics, also from Temple.
Fees. Early Bird fees, which apply when registration forms and payments are submitted by March 13, are $310 for ASA Members, $340 for all others. After March 13, registration is $340 for ASA Members, $370 for all others. The fee includes meals and refreshments, and a copy of 
Gary Snowdon, who received his B.A. in Education from William Paterson University and earned a Graduate Certificate in Public Management from Rockefeller College, SUNY Albany, has over 20 years experience appraising commercial and industrial real estate. He specializes in complex commercial, industrial, and vacant land appraisals in the Hudson Valley, Capital, Saratoga, and Adirondack regions for finance, litigation support, estates, eminent domain, conservation, and other purposes.
The class covers required topics of the Pennsylvania Real Estate Appraisers Certification Act and the Assessors Certification Law, and the Regulations of the Pennsylvania State Board of Certified Real Estate Appraisers. It emphasizes changes to the laws made during the past two years, and offers a refresher on the provisions most relevant to everyday practice. 
The guest speaker will be Walter O’Connell, ASA, Senior Consultant at the Wayne, Pennsylvania firm of