This issue talks about ethics in the global real estate market, how to find an appraiser, the state of the helicopter industry, and freight railcar basics. It also includes an economic update about the mining industry.
If you are interested in monitoring the value of your aircraft or to verify hull value for insurance coverage, you need an ASA certified appraiser to ensure you have the most accurate and lender acceptable data available.
2015 was a difficult year: stock market volatility, Eurozone volatility, financing volatility, and for those of us in the helicopter industry, oil price volatility.
The industry needs to speak with one voice by making a declaration of consistent standards. That is why the new International International Ethics Standards Coalition representing the property and related professions has been established.
Numerous fraud cases have affected the aviation industry—from widespread FCPA investigation to Dept of Defense contract fraud. How does one avoid flying blindly and becoming a victim of fraud? It’s all about the DUE DILIGENCE.
The CNC revolution started in the machine tool industry in the in the mid 70s causing a mass extinction of conventional machine tools and its builders who didn't make the transition. Thus began the age of the CNC Servo Drive Machining Center.
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Harry J. Richardson, ASA / Edited by: J. Barry Savage ASA, Emeritus
How do we resolve the issue of bias in data sets? The answer is the Fisher Index or what is commonly referred to as the Ideal Index. This index is considered ideal because it eliminates the bias found in both the Laspeyres and Paasche Indexes.
The value drivers of railcars rely on the condition of the nation’s economy. Railroads are busiest when the economy is healthy and commodities need to be moved. The value of railcars lies in their ability to carry goods from one place to another.
ASA recently conducted training in Salem, OR for County and State Analysts of the Oregon Department of Revenue (ODR). ASA's Machinery and Equipment Valuation Methodology class was presented to students with instruction provided by Jack Beckwith, ASA, CEA.
