ASA ME204 - Report Writing

Prerequisites

Students must complete ME203 prior to taking ME204.

Course Description

This is a hands-on report writing class designed to assist you in preparing an appraisal report that is in compliance with USPAP/IVS and the MTS Board of Examiners review checklist. By the end of the class each student will have the practical knowledge to tell their appraisal story and a report template that can be used to develop their report for submission for designation. We will discuss topics learned in ME201-203 as well as USPAP, IVS, and ethics.

Class Date/Time

Tuesday, May 12, 2026 - Friday, May 15, 2026

Class registration will close on Friday, May 08, 2026.

Registration Includes

Virtual Attendees

·Access to virtual zoom sessions will be accessible via education dashboard (login required)

·Electronic student materials*

Class Format - Virtual

ASA is offering the opportunity for students to attend this class live via the internet as a remote participant. Virtual students share the same educational experience as the students in the classroom and can participate live just as if they were attending physically.

Class Schedule

Times Listed in Sydney NSW time zone

·Day 1 - Tuesday, May 12, 9:00am - 5:00pm

·Day 2 - Wednesday, May 13,  9:00am - 5:00pm

·Day 3 - Thursday., May 14,  9:00am - 5:00pm

·Day 4 - Friday, May 15, 9:00-1:00pm ET

*The final exam will be administered and proctored on Friday, May 14, 2026. Exams are no longer provided in a written format and students MUST have a personal laptop or computer device to complete ASA online exams. For any exam questions or technical/logistic concerns, contact education@appraisers.org. Registrants will be provided more detailed information before class concludes.

Please note: Partial credit will not be awarded for this offering. Students must participate in all the live session(s) virtually or in-person to complete the course and receive full credit following successful completion of the final exam. The virtual session(s) will not be recorded and/or made available after class.

Instructional Methods

Methods include dialogue, lectures, discussions and individual/group exercises and assignments.

Course Audience

Appraisers, accountants, attorneys, auctioneers, bankers, engineers, leasing company staff, farm managers, forensic consultants, shop staff, and the appraisal community at large who are involved in the valuation of machinery and equipment.

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

Read: Valuing Machinery and Equipment, 4th Edition Chapter 8, Report Writing, and Chapter 10, Ethics

Read: The American Society of Appraisers’ Principals of Appraisal Practice and Code of Ethics guide https://www.appraisers.org/about/standards-ethics-and-policies/ethics

Read: USPAP (current version) Standards 7 & 8

Read: IVS 101, Scope of Work; IVS 102, Bases of Value; IVS 106, Documentation and Reporting; IVS 300, Plant, Equipment, and Infrastructure

Purchase - Valuing Machinery and Equipment, 4th Edition

Learning Level

Fundamental

Learning Outcomes

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

• Understand the contents of a report.
• Understand expectations for appraisers from a USPAP, IVS, and ASA perspective.
• Understand what is required for designation submission.
• Learn tools for improving their writing.
• Write a report that is in compliance with USPAP/IVS and the MTS Board of Examiners Checklist

Continuing Education and Contact Hours

32.4 Hours of CE are provided upon completion of the course (including exam hours) due to being 3.5 days.