ME203-ACS - Advanced Topics in Aircraft Appraisals I
Category: Machinery & Technical Specialties
Continuing Education: 28.8
Registration
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Course Information
This course is the third of four Principles of
Valuation (POV) courses within ASA's Aviation Valuation Program which
provides the required baseline
education on aircraft specific appraisals as
part of the Accredited Member (AM) or Accredited Senior Appraiser (ASA) designation.
This course builds on the fundamental principles of appraisal terminology, methods
and concepts, and basic aircraft terms, aviation concepts and applications
discussed in the prior two courses. The course also introduces participants to various
aviation specialties including UAS, helicopters, flight simulators and aviation
engines. ME203-ACS will expose participants to a broad spectrum of the aviation
world to enhance their career path and professional standing in aircraft
appraisals, banking and finance and related fields.
Course Audience
The course is intended for aircraft brokers, aviation appraisers, and
professionals in aviation banking, financing, and aircraft maintenance
industries.
Instructional Methods
In addition to lectures and materials, this course provides opportunities for
participants to:
- Read and discuss MTS journal articles that highlight
current developments in the aircraft appraising profession
- Discuss current, historic and possible future impact to
values for different sectors of aviation equipment
- Listen to expert guest speakers from the aviation industry on important
topics relevant for aircraft appraisers
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.
Valuing
Machinery and Equipment: PDF ONLY
Valuing
Machinery and Equipment: Printed Book and PDF
Learning Outcomes
After completing this course the participants will be able to understand and
master:
- Appraising of unique aircraft assets: warbirds and donative
Properties;
- Appraising inventory of aircraft parts;
- How aircraft damage affect diminution of value;
- Appraising commercial aircraft;
- Advanced topics of aircraft engine appraisals; and
- Writing and defending aircraft appraisal reports.