Douglas R. Krieser, ASA FRICS is the founder and president of Valcon Partners, Ltd. He has performed and supervised valuations and consulting projects on an international basis for over 28 years. His area of expertise is primarily machinery & equipment/personal property. However, he has valued buildings and improvements for insurance purposes.
He has broad experience in performing valuations and consulting projects for a variety of purposes including, but not limited to the following: Tax appeal, Insurance ,Purchase price allocation, Asset-based lending, Leasing (beginning and end of lease valuations), Financial and tax reporting, Donations, Liquidations, Shareholder disputes, Sarbanes Oxley conformance , Asset tagging and tracking, “Anti-Dumping” lawsuits, Contract related lawsuits, General consulting (useful life determination, obsolescence studies, etc.), and Various other purposes
His valuation experience includes a wide range of industries including, but not limited to: telecommunications, broadcasting (television and radio), foundries, scrap metal, paper and cardboard products, saw mills, graphics and printing, aviation, automotive (OEM and suppliers), trucking, railroads and railroad car manufacturing, packaging products, plastic injection molding, blown film, rubber processing, electronic component manufacturing, specialty metalworking, metal stamping, specialty chemicals, general manufacturing, food processing and distribution, pet food, financial institutions, retail and wholesale distribution, retail stores, sports teams, hospitals and healthcare, hotels and resorts, universities, high rise office buildings, utilities, oil wells, and airports.
Mr. Krieser has performed and supervised valuations throughout the United States, Europe, Asia, and South America. In addition to his valuation experience, Mr. Krieser has experience testifying in several states regarding personal property tax matters and has testified in federal bankruptcy court.
Krieser has authored various articles and has given presentations at national
conferences on topics such as obsolescence, insurance valuation issues, the
effects of accounting standards on the appraisal profession, personal property
tax issues, and other valuation related topics.
He is also a contributing author and editor to the latest two editions
of Valuing Machinery and Equipment: The Fundamentals of Appraising Machinery and
Technical Assets published by the American Society of Appraisers in 2005
is a Staff Instructor for the American Society of Appraisers, teaching three of
the four introductory courses. In addition to teaching various courses, he has
also developed an advanced valuation theory course covering valuations for
financial reporting purposes.
Krieser’s past professional experience includes Stout
Risius Ross, Inc. (“SRR”) where he was the head of their
machinery and equipment practice. Prior
to SRR, he spent several years at Arthur Andersen in their Valuation Services
Group. During the last two years, he was Andersen’s Central Region Equipment
Valuation Manager. Prior to Arthur Andersen, he spent ten years with Factory
Mutual Engineering, a leading supplier of insurance related appraisal and
Mr. Krieser earned a
BS in Industrial Engineering from Marquette
He is a Senior Member
of the American Society of Appraisers ("ASA"), is the current
Chairman of the ASA International Board of Examiners, past Treasurer of the
Machinery and Technical Specialties (“MTS”) sub-committee (of the ASA), and the
past Editor of the MTS Journal.
He has also served on
several ASA and other committees and taskforces covering the areas of Uniform
Standards of Professional Appraisal Practice (USPAP), the International
Valuation Standards, and other professional valuation issues.
In addition to his
membership in the ASA, Mr. Krieser is also a Fellow of The Royal Institution of
Chartered Surveyors (RICS). RICS, based
in London England, is one of the most respected and high profile global
“standards and membership” organizations for professionals involved in land,
property, construction and environmental issues.