ME150-WEB - Simple Keys to Bridging Standards

Registration

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Webinar Course Description

Explain and illustrate in a 2 hour presentation, simple keys to bridging the similarities and the differences between USPAP and IVS.

Recommended Pre-Readings

USPAP 2018-2019 Edition

IVS 2017 Edition

Course Audience

All multi-discipline members of ASA who are interested in marketing their professional practice with IVS compliance standards

Instructor(s) Information

Jack Beckwith, ASA | President | EAG, Inc.

Jack Beckwith’s area of expertise is primarily machinery & equipment/personal property. However, he has valued buildings and improvements for insurance purposes. Though he is based in Texas, Mr. Beckwith has performed and supervised valuations throughout the United States, Canada, Mexico, and Europe. His appraisal experience has expanded to include valuations of a variety of industrial, commercial and institutional properties including, but not limited to: construction equipment, convenience stores, farm and ranch equipment, ferrous & non-ferrous metal recycling, healthcare services/ medical devices, millwork production, paper and pulp products, petroleum refueling stations, plastics manufacturing, steel fabricators, teaching institutions, public utilities, foundries, automotive (OEM and suppliers), and other industries. He has been an ASA Staff Instructor teaching the principle of valuation courses throughout the United States. Currently, Mr. Beckwith is the ASA Representative for the International Valuation Standards Committee based in London. Prior to beginning his professional career, Mr. Beckwith earned his BBA at the University of Texas, served on the University of Incarnate Word Nursing Advisory Board and is currently serving on the Advisory Board for Boerne YMCA and the Kronkosky Place.

Thomas D. Boyle | Chief Appraiser | U.S. Bank

Tom is the Chief Appraiser for U.S. Bank where he is responsible for the Bank’s national commercial real estate appraisal and environmental services.  He has been active in the valuation industry for 30 years. Tom served on the Standards Board of the International Valuation Standards Council from 2008 - 2014.  He has been certified by the Appraisal Foundation’s Appraiser Qualifications Board as a USPAP instructor. Tom is an approved national instructor and seminar developer for the Appraisal Institute.  He served on the Appraisal Institute’s National Board of Directors from 2001 – 2003.  He holds a Bachelor of Arts Degree in Finance from the University of Oregon.

Agenda

The following topics are covered in this course:

• What is IVSC
• Background as global acceptable standard
• Overview of framework of IVS
• Implementing compliance measures
• Participating members, stakeholders, and regulators; and
• 2020 adoption of IVS by all Valuation Professional Organizations (VPOs).

Learning Outcomes

Upon completion of this course,students will be able to:

• Summarize the history and role of the International Valuation Standards Council;
• Provide a compare and contrast of IVS and USPAP;
• Present additional steps needed in order to make a USPAP valuation compliant with IVS;
• Discuss future directions for the standards; and
• Discuss the need for global standards.