LEARNING OBJECTIVE: The objective of this course is to explore in depth the ideas introduced in MTS201 and provide students with a better understanding of the types of value commonly used in the appraisal of machinery and equipment. This course addresses the issues of price vs. value; indirect costs; use of and development of indexes; age-life concepts; recommended rounding of figures; types of values for M&E appraisal – reproduction cost new, replacement cost new, replacement cost depreciated, fair market value in use, orderly liquidation value, forced liquidation value; supporting conclusions for various purposes.
RECOMMENDED READING: It is recommended that all students read the following text sold separately: Valuing Machinery and Equipment: The Fundamentals of Appraising Machinery and Technical Assets 4th Ed.
(27 hours with a 3-hr exam)
• Course Prerequisites: Successful completion of MTS201
• No ASA re-accreditation credit will be awarded for the online or audio versions of this course for designated members who have previously taken the course.
• Includes access to downloadable materials for audio files (mp3) and Student Manual (pdf). The proctor agreement form (needed for the exam) will be emailed.
Note: All orders will be treated as ‘Download Only’ option.