Valuing Machinery and Equipment
American Society of Appraisers

 

ISBN: 0-937828-04-1

Nonmember Price: U.S. $68.95; Member Price: U.S. $62.95

Hardcover, 391 pages, copyright 2000

WHATEVER YOUR SPECIFIC INTEREST in machinery and equipment valuation, this book will serve you as an essential reference and learning tool. It is not only the authoritative book on the subject, it is also one of the only books published on the subject.

The book teaches the fundamentals of valuing machinery and equipment, including everything from the technical aspects to the theoretical and ethical aspects of appraisal. The three core chapters of the book discuss the application of the income, cost and sales comparison approaches to the valuation of machinery and equipment, including their application to the appraisal of industrial plants, complete with illustrations.

The American Society of Appraisers is the only society that accredits appraisers in machinery and equipment valuation. This book was written by members of ASA’s Machinery and Technical Specialties Committee. These elected representatives of the discipline, all fully tested and certified, are the leaders in the field.

This new book:

• Describes the three primary appraisal approaches and their applications
• Explains both concepts and methods of determining value and includes extensive examples
• Explains the description and classification of machinery and equipment
• Introduces essential terminology
• Discusses the essentials of report writing and ethics, including applicable material from the Uniform Standards of Professional Appraisal Practice (USPAP)
• Explores the role of appraisal in leasing and the four basic types of lease structures
• Examines the application of computers in the machinery and equipment appraisal process
• Discusses the valuation of various kinds of technical and specialized property
• Provides appendices with financial tables and information about accounting depreciation, compound interest, licensing, published prices and sources of information, and recommended readings

Anyone with an interest in the valuation of machinery and equipment will benefit from owning Valuing Machinery and Equipment. It is an essential reference for appraisers – not only machinery and equipment appraisers but also business and real property appraisers. Others who deal with the appraisal process also will find this an essential reference: attorneys, accountants, auctioneers, insurers, lessors, lessees, cost engineers, equipment dealers, business owners, property tax consultants, business brokers, corporate management, and buyers and sellers of equipment.

Introduction

Classification and Description of Machinery and Equipment

Cost Approach

Sales Comparison Approach

Income Approach

Report Writing

Ethics

Leasing

Use of Personal Computers in MTS Valuation

Technical Specialties

Accounting Depreciation
Compound Interest
Financial Tables
Licensing of MTS Appraisers
Published Prics and Sources of Information
Recommended Readings