Participants in this course will receive MTS technical education to appropriately manipulate and apply fixed asset accounting / engineering data, as well as field developed information, for various appraisal applications. Accounting, fixed asset systems and indexing sources will be discussed. Computer "tips and tricks" to enhance assignment cost effectiveness (saving production time and reducing production costs) will be emphasized. The components for building your own model will be presented.

Applications for applying modeling techniques include ad valorem taxation, cost segregation analysis, asset based financing, insurance placement and proof of loss, fair value accounting (allocations or impairment studies), federal income tax purchase price allocations, and so forth. Techniques for converting / translating value data from differing quality levels of fixed asset data and/or field developed information to the applicable appraisal value concept will be thoroughly discussed.

Specific topics will include basic accounting for machinery appraisers, value definitions and level of value review, appraisal application review, crossing application techniques, characteristics / evaluation of base data, manipulating base data for modeling (EXCEL computer "tip and tricks"), how to build your own model, factor source information and structure, indexing rate development, excess capital cost analysis, physical deterioration rates and stops, functional obsolescence, economic / external obsolescence, the concept of economic support, cost to capacity, inutility, relative utilization, and so forth.