at Zoom
Daily 9:00 AM-5:00 PM from Tuesday, 12 August 2025 to Friday, 15 August 2025 (AUS Eastern Standard Time) + Add to calendar12/08/2025 09:0012/08/2025 17:00Australia/SydneyASA ME201 Introduction to Machinery & Equipment Valuation & Cost Approach to ValueASA ME201 Introduction to Machinery & Equipment Valuation & Cost Approach to Value
Daily 9:00 AM-5:00 PM from Tuesday, 12 August 2025 to Friday, 15 August 2025 (AUS Eastern Standard Time)
Organiser
Shane Miller
0404479399
shane.miller@cba.com.au
Address
Zoom
Australia
Students will be provided with linking details.
Event web page: https://www.stickytickets.com.au/3o79lZoom
AustraliaShane MillerfalseDD/MM/YYYYFREQ=DAILY;INTERVAL=1;UNTIL=20250815T120800Z2880
$2,180.00
Registration cost for ASA members
$3,120.00
Non-ASA Member registration
This recently revised course is four days, followed by the exam at the end of day four. Students have the option to take the proctored exam immediately following the conclusion of class. In the event students cannot complete the exam, an alternative option will be provided via ASA's partner, ProctorU. More information will be provided to attendees.
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 MTS Appraisal Process And Theory; Appraisal Terminology And Definitions; Introduction Of The Three Approaches To Value; Ethics, Valuation Standards, And Performing Appraisals; Scope Of Work, Purpose And Use; Levels Of Trade/Standards Of Value; Performing A Field Inspection And Asset Classification; Development Of Useful Life Estimates; Direct Cost Estimating Methods; Depreciation Identification And Methodologies (Physical Depreciation, Functional Obsolescence, Economic Obsolescence; Effective And Weighted Age Calculations; Inutility And Excess Operating Costs.
Instructional Methods
Methods include lectures, discussions and individual/ group exercises, homework and assignments.
Appraisers, accountants, attorneys, auctioneers/liquidators, lenders, engineers, leasing company staff, farm managers, forensic consultants, shop staff, and the appraisal community at large – anybody involved in the valuation of machinery and equipment.
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.
In particular, for this course, the following chapters should be read and understood:
Purchase - Valuing Machinery and Equipment, 4th Edition via this link Valuing Machinery and Equipment
Fundamental
Upon completion of this course, students will be able to:
37.2 Hours of CE are provided upon completion of the course (including exam hours) due to being 3.5 days.
Refunds up to 14 days before the event
Australia
Shane Miller
ASA - Australia Chapter
0404479399