Category: Machinery & Technical Specialties:
ME204 - Machinery
and Equipment Valuation - Advanced Topics and Report Writing
This course provides a comprehensive review of the concepts studied in
ME201, ME202 and ME203. It reviews the application of appraisal techniques in valuing
an integrated facility (steel mill) and 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 course takes an in-depth look at the skills needed to address issues of
Finally, the course will provide students with
the tools for analyzing the following items and ways to apply these appraisal
concepts in their day-to-day practice:
• Complex Leasing Structures;
• Residual Forecasting;
• Fair Rental Calculations (for Leasing); and
• Valuing facilities using all three approaches
In addition to
lectures and materials, the course will provide opportunities for students to
review, discuss and analyze advanced level case studies.
Please Note: Designated MTS Members
may not retake ME 201-204 courses for ASA reaccreditation credit. For
those who have not previously completed these courses, they must successfully pass the exam
to receive CE credits.
Review of syllabus
and words of advice
Overview of ME201, ME202, and
Review of financial administration
Review of exponential pricing techniques
Review of present value theory
Review of income approach
Discussion of discounted cash
Discussion of discount rates
plant videos to introduce facility and complexity
Steel Mill Case Study – use and application of the three
approaches to value
Fair rental value calculation
Report writing, USPAP, IVS and the ASA code of
General review of ME201, ME202, ME203, and ME204
Comprehensive 4 hours covering M&E 201, 202, 203 and 204
Upon completion of the course students will be able to:
1. Explain and apply the three approaches to value
2. Apply appraisal techniques for leasing, residual
forecasting and fair rental calculations.
3. Develop and Report a Professional Appraisal Report
of the role of Standards in the Appraisal process
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.