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New Education Initiative Launched to Address Anticipated Demand for Accredited Personal Property Appraisers

Patrick H. Ela, ASA Chair, Personal Property Discipline Committee

Patrick H. Ela, ASA
Chair, Personal Property Discipline Committee

Editor’s Note: The American Society of Appraisers is launching a new education initiative to address anticipated demand for accredited personal property appraisers. The initiative will be tailored for those considering becoming an accredited personal property appraiser. The first of four Principles of Valuation (POV) courses are scheduled for September and January. These foundation-building courses will take students through the various approaches to valuation and focus on the fundamentals and theory behind performing proper appraisals and the methodology behind the work. They are a necessary part of the requirements to become accredited. To learn more about this initiative we sat down with the chair of the Society’s Personal Property Discipline Committee—Patrick H. Ela, ASA.

 

Q: What factors are driving this anticipated demand for accredited personal property appraisers?

A: As the transferring of assets from one generation to the next increases, there will be many situations when an appraisal of personal property will be needed, examples include estate tax, equitable distribution, basis establishment, probate, trust inventory and estate planning.

Q: Who is best suited for the new education initiative?

A: The initiative will be tailored for those considering becoming an accredited personal property appraiser, including museum or auction house staff members, art advisors, art/antique dealers, retired collectors or former art history students and scholars.

Q: What will the new education initiative encompass?

A: The program will include four foundation-building Principles of Valuation (POV) courses designed to take students through the various approaches to valuation and focus on the fundamentals and theory behind performing proper appraisals and the methodology behind the work. The courses are a necessary part of the requirements to become accredited.

The Huntington Library, Art Collections & Botanical Gardens

The Huntington Library, Art Collections & Botanical Gardens

Q: When and where will the courses take place?

A: The first of four Principles of Valuation (POV) courses are scheduled for September 9-12, 2015 at The Huntington Library, Art Collections & Botanical Gardens in San Marino, CA and January 20-23, 2016 at Loyola University Museum of Art (LUMA) in Chicago, IL.

Q: Why the new venues?

A: Education today is all about meeting the changing needs of learners. Not only does this include content and delivery, but also the environment. Providing a positive atmosphere conducive to learning is paramount. For those interested in becoming a personal property appraiser, these new venues with their wonderful displays and art-centric focus will bring a sense of familiarity, belongingness and inspiration.

Loyola University Museum of Art (LUMA)

Loyola University Museum of Art (LUMA)

Q: Where can prospective students register for classes or get more insight into becoming an accredited personal property appraiser?

A: Registration or more information is available online at www.appraisers.org or by calling (800) 272-8258. Additionally, a quick overview is available at: http://www.appraisers.org/docs/default-source/discipline_pp/so-you-want-to-be-a-personal-property-appraiser.pdf?sfvrsn=10.

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Recap of the Houston Energy Valuation Conference

Region III Governor Carol Akers Klug, ASA and HeliValue$ President Sharon Desfor, ASA.

Incoming EVC Chair Laurie Leigh White, ASA, CPA/ABV & Outgoing EVC Chair David S. Butler, ASA, CPA.

The 5th Annual Houston 2015 Energy Valuation Conference was held on April 28, 2015 at the Federal Reserve Bank of Dallas, Houston branch. The American Society of Appraisers-Houston Chapter and the Houston TSCPA Foundation hosted this event.

Conference Chair David S. Butler, Jr. ASA, CPA provided the introduction for the event. There was a lineup of speakers presenting on topics such as energy derivatives, mining processes, Mexican energy reform, cost of capital, capital markets update, risk-adjusting reserves, offshore drillers and current SEC developments. The robust line up of presenters on leading-edge topics from experts proved to be a popular draw and attracted almost 150 attendees to the event.

Region III Governor Carol Akers Klug, ASA and HeliValue$ President Sharon Desfor, ASA.

Region III Governor Carol Akers Klug, ASA and HeliValue$ President Sharon Desfor, ASA.

Thank you to all our premier sponsor – Stout | Risius | Ross; lunch sponsor –bvagroup; breakfast sponsor – HSSK; Media partner – Oilpro; reception sponsor –McGladrey; standard sponsor – Mineral Valuation Specialists, Davis/Chamber Business Valuations and HeliValue$.

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ABACE ASA/Bombardier Event

The American Society of Appraisers (ASA) and Bombardier recently participated in the 2014 Asian Business Aviation Conference and Exhibition (ABACE). The event was held at the Shanghai Hongqiao Airport at the Shanghai Hawker Pacific Business Aviation Service Centre in Shanghai, China from April 14-16, 2015.

David Crick, ASA speaking

David Crick, ASA speaking at the Bombardier Valuation Seminar.

ABACE is Asia’s premier business aviation event that attracts entrepreneurs, wealth creators, aircraft-purchase decision makers, major figures in government and industry and many more. This event is held in partnership with Shanghai Airport Authority (SAA) and co-hosted by the National Business Aviation Association (NBAA), the Asian Business Aviation Association (AsBAA) and the Shanghai Exhibition Center (SEC). ABACE is known to be the world- leading business aviation event but it also serves as the venue for bringing together major government leaders who can help the industry’s continual growth.

This year marked ABACE’s 10th Anniversary of this event. This three-day event featured over 8,000 attendees from over 40 countries. There was a lineup of speakers discussing topics such as business acquisitions, future air traffic control, the helicopter industry, safety initiatives, and more. With nearly 40 aircrafts on display, and over 180 exhibitors displaying their products and services, this event provided a wealth of information to attendees. There was also a record attendance of bankers, appraisers and funding sources.

David Crick, ASA and Richard Berkemeier, ASA at the ABACE event in Shanghai, China.

David Crick, ASA and Richard Berkemeier, ASA at the ABACE event in Shanghai, China.

Bombardier held a Bombardier Valuation Seminar in conjunction with the American Society of Appraisers (ASA) on April 13. Their subject matter experts provided presentations, discussions, and insights into the current landscape of corporate aircraft appraisal and asset management. David Vandenberg was the event organizer for Bombardier and Richard Berkemeier, ASA and David Crick, ASA attended ABACE as ASA Representatives and presented at the Bombardier Valuation Seminar. They gave two presentations titled “Appraisal Theory and Methodology” and “Collecting Data and Use and Analysis of Databases.” This specialized aircraft audience was very receptive to the interactive sessions and they set a very solid baseline for aircraft valuation in the Asia Pacific region. It was a highlight of the ABACE exhibition and conference.

Photos from the event can be viewed here.

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Gary L. Smith, ASA, MGA on the Today Show

Smith_Gary_TodayShow_Blog_042015Gary L. Smith, ASA, MGA is the International President of ASA and a Master Gemologist Appraiser. Gary recently filmed a segment for the Today Show that aired on April 1, 2015. The segment was titled “Buyer Beware: Jewels Purchased at Vacation Destinations May be Overpriced” and discussed vacation destination jewelry shops that may not be offering the great deals they promise. In Cozumel, a popular vacation destination, one shop offered a deal for a sapphire ring for $350, that they claim would cost $750 in the United States. Gary L. Smith inspects the item and agrees it is not real sapphire, and is actually blue glass. Be cautious of those “great deals” when on vacations, as the sales individuals know you are likely a transient, and unlikely to return. Always take your purchased items to an ASA MGA for a qualified examination, or an insurance valuation appraisal. The Today segment can be viewed online here.

Mr. Smith has previously filmed a segment for the Today Show titled “Red Ruby Alert” that can be viewed here.

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Marsh Africa Onsite Classes

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Attendees of the MTS classes in South Africa.

ASA’s Machinery & Technical Specialties Discipline Committee conducted a private onsite offering of four MTS Principles of Valuation (POV) courses for Marsh, a global leader in insurance broking and risk management.

The four courses taught were MTS201, MTS202, MTS203 and MTS204, all of which are Principles of Valuation (POV) Courses for MTS.

New offices for Marsh, Sandton CBD

Location of ASA classes in Johannesburg.

 

The classes were held March 30 – April 16, 2015 in Johannesburg, South Africa. The instructor was Richard Berkemeier, ASA. Mr. Berkemeier is a senior asset management professional offering more than 20 years of appraisal experience within the capital markets, including risk management, inventory assessment, appraisal review, liquidation expertise, debtor-in-possession financing, and collateral management.

This is the second offering of onsite classes at Marsh. The first was held several years ago in Durban, South Africa.

Photos from the course can be viewed here.

For more information on ASA’s onsite course program visit our website here.

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Financial Reporting Initiative

SEC_031915_162x300In response to inquiries from the U.S. Securities and Exchange Commission (SEC) and Financial Accounting Standards Board (FASB), an American Society of Appraisers (ASA) team comprised of William A. Johnston, ASA, Daniel R. Van Vleet, ASA, J. Mark Penny, ASA, Raymond D. Rath, ASA, Michael DeLuke, Carla Glass, FASA and Myron A. Marcinkowski, ASA is working with teams from the American Institute of Certified Public Accountants (AICPA) and from Royal Institution of Chartered Surveyors (RICS) to enhance the quality of financial reporting valuation services being provided to U.S. publicly traded companies. The teams are exploring the development of a professional credential that would demonstrate the competence of valuators providing these financial reporting valuation services.

News of ASA’s participation in this effort was first reported April 15, 2015 in BV Success—the official e-letter of ASA’s Business Valuation Discipline Committee.

Posing for a photo outside the Washington, DC headquarters of the U.S. Securities and Exchange Commission (SEC) after discussions were held include (left to right): Daniel R. Van Vleet, ASA, International Past President, American Society of Appraisers; Kenneth Creighton, Director of Professional Standards, Royal Institution of Chartered Surveyors; Anthony V. Aaron, ASA, Vice Chair, Board of Trustees, The Appraisal Foundation; and Jeannette Koger, CPA, CGMA, VP-Member Specialization and Credentialing, American Institute of Certified Public Accountants.

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ASA Equipment Valuation Conference Presenter Spotlight

ASA’s upcoming 4th Annual Equipment Valuation Conference is set to take place June 3-4, 2015 in Cleveland, OH. This annual event has grown to become the definitive source for the latest insights into equipment valuation. One of the biggest reasons why is the Conference’s informative educational sessions on current market conditions and trends from experts in the field.

Here’s a look at this year’s line up:


Cole_David_75x100David H. Cole, ASA, President | Cole Appraisal Services, Inc.
Instructor: Pre-Conference 7-Hour USPAP Update Class

Mr. Cole joined the American Society of Appraisers in 1987 and has been an accredited senior appraiser since 1990. Mr. Cole has an extensive background in ASA education including serving as the chairman of the International Education Committee. Mr. Cole has been a senior instructor of the machinery and equipment POV courses ME201-204 since 1992. Mr. Cole has been a USPAP instructor since 2012 and has presented USPAP as both a webinar and in live classroom settings.


Mekael Teshome, Assistant Vice President & EconomistTeshome_Mekael_75x100 | PNC Financial Services
Presentation: An In-depth Discussion of the Opportunities and Risks Facing our National Economic Outlook

Mekael Teshome is assistant vice president and economist for The PNC Financial Services Group. He is responsible for contributing to PNC’s regional, national and international economic analysis. Teshome focuses on state and metropolitan economies within PNC’s core economic footprint as well as industry analysis. Teshome joined PNC in September 2011 from Moody’s Analytics, where he was lead analyst of the Greek and Norwegian economies. He monitored the South African economy and was responsible for numerous U.S. states and global metro areas. In addition, he also worked extensively on sovereign risk analysis and forecast model-building for global cities. He serves on the board of economic advisors for the North Carolina Chamber Foundation, North Carolina’s largest nonpartisan business advocacy organization. He also serves on the board of directors of the Economic Club of Pittsburgh – the local chapter of the National Association of Business Economics (NABE). Teshome has a master’s degree in economics from Vanderbilt University and a bachelor’s degree in political science and international studies from Taylor University.


Beckwith_Jack_75x100Jack Beckwith, ASA, President | Equipment Appraisal Group, Inc.
Presentation: The ACA Impact on Diagnostic Equipment Valuation

Jack Beckwith’s area of expertise is primarily machinery and equipment/personal property. However, he has valued buildings and improvements for insurance purposes. In addition to his valuation experience, Mr. Beckwith has been an expert witness in the United States Bankruptcy Court and in various counties for personal property ad valorem tax litigation. These research assignments since 1998 include Personal Property and Inventory appraisals in such industries as construction, retail, aviation, food service, health care, light gauge fabrication, wafer fabrication, printing, confectionery production, refueling stations and paper mill. Mr. Beckwith’s career began in 1976 distributing new and refurbished machinery and equipment in the healthcare industry. As a re-marketer, he owned and operated Mission Medical with locations in Dallas, Houston, San Antonio, and Monterrey, Mexico. During the early 90’s, managed medicine entered the Health Care Industry and demands increased for services in valuation of specialized equipment. It was at this time, Mr. Beckwith became aware of the importance of the appraisal methodology and the compliance issues associated with this profession. His article “What is Value?” was published in 1999 for San Antonio Medicine. In 1996, he sold Mission Medical and entered the appraisal field full time and received his Accredited Senior Appraiser designation (ASA). Though he is based in Texas, Mr. Beckwith has performed and supervised valuations throughout the United States, Canada, Mexico, and Europe. He has been published for various valuation topics in The M&TS Journal and the ASA Professional.


Kruse_Dan_75x100Dan Kruse, Auctioneer/Sales | Kruse Energy & Auctioneers
Presentation: Current and Future Financial Trends of the Oilfield Equipment Industry

As a 3rd generation auctioneer with 40 years of experience, Dan co-founded Kruse International in 1970. Dan was honored as one of the world’s top 50 auctioneers by Auction World and is recognized internationally for liquidating over 6 billion dollars of equipment. Dan is President/CEO of Dan Kruse Classic Car Productions and Kruse Asset Management. He is also a proud employee of Iron Planet and Kruse Energy Equipment Auctions and has sold and appraised billions in the oilfield industry over 30 years.


Sexton_Thomas_75x100Thomas A. Sexton, ASA, Equipment Analyst | Chase Equipment Finance
Presentation: Today’s Rail

Tom Sexton has experience in evaluating industrial equipment of all types, studying relevant segments of the economy relating to equipment values and providing information on various equipment types as well as value forecasts. He also oversees inspections and appraisals of assets used to collateralize financial transactions, and is also active in assisting in all facets of lease end and sale of assets used as collateral. Tom also has 12 years field experience in the appraisal of fixed assets of all types. For the past 28 years he has provided equipment management services specializing in rail equipment, including maintenance of way, motive power as well as freight cars of various types. In addition to his rail equipment specialty Tom has extensive experience with printing equipment, chemical and food process equipment, machine tools, oil field equipment and providing evaluations and determining appropriate return documentation conditions. He has performed valuation projects in both the public and private sectors. Tom calls Central Ohio home for the past eighteen years. Tom has a Bachelor’s degree from DePaul University, and has an Accredited Senior Appraiser’s designation from the American Society of Appraisers. Tom’s activities in the appraisal society includes past membership on the Machinery and Technical Specialties Committee and Chairmanship of the Long Range Planning Sub-Committee.


Holck_Mike_75x100Michael J. Holck, ASA, Vice President | Irontrax
Presentation: Transportation—Current Trends

Mike Holck is a highly regarded appraiser within the transportation industry. Clients seek Mike’s expertise for his consistent accurate valuations and deep knowledge and experience in specialized transportation, including car haulers, concrete pumps, wreckers, trucks and trailers. Mike holds an ASA designation from the American Society of Appraisers and has completed the Uniform Standards of Professional Appraisal Practice (USPAP). As vice president of Irontrax, Mike is responsible for nationwide appraisal services for the transportation and construction industries and remarketing of off lease and repossessed assets. Prior to Irontrax, Mike worked 14 years at Taylor & Martin, a leader in over-the-road trucking equipment re-marketing, appraisals and consulting, as lead appraiser and assistant manager of appraisal services. In these roles, he performed physical and desktop appraisals for numerous assets specific to the transportation industry, including trucks and trailers and concrete pump trucks. He also provided residual analysis and consultations to lessors and performed lease end inspections. Mike began his career in the transportation industry in 1985, starting at the ground level washing trucks and trailers while in school. He has done it all – from changing tires, rebuilding engine’s, driving trucks and finally as an owner operator of his own trucking company, Holck Trucking. For the past several years, Mike has participated in the Equipment Leasing & Finance Association (ELFA)’s Equipment Manager Conference product showcase. He also is a past speaker at the American Society of Appraiser’s Machinery & Equipment ID conference in Cleveland, Ohio. He holds several inspection certifications and has completed numerous American Society of Appraisers courses.


Kinney_Dave_75x100David H. Kinney, ASA, Founder | USAppraisal
Presentation: Automotive Values: When a Bad History can be Worth More and Neglect can Increase Value

David Kinney is a Senior Member of the American Society of Appraisers, the nation’s largest multidisciplinary appraisal organization (www.appraisers.org). Having been a car enthusiast all of his life, Dave Kinney has been involved in almost every phase of the automobile industry. USAppraisal is the culmination of over thirty-five years of experience buying, selling, servicing and learning the ins and outs of the many facets of collector, special interest, antique, classic and production vehicles. Dave Kinney is also well known as an automotive journalist. He is a monthly columnist for AUTOMOBILE Upshift>>Auction and the British publication Octane. Kinney was formerly a contributor to The New York Times Automobile section. Additionally, Kinney is the founder and publisher of Hagerty Price Guide (formerly known as Cars That Matter), a price guide published three times per year.


Ruth_Charles_75x100BWCharles W. Ruth, ASA, President | Professional Appraisal Services, Inc.
Presentation: Mining in the United States and the Effects on Value

Charles W. Ruth, ASA, retired from Phelps Dodge Corporation / Freeport McMoRan Copper & Gold on January 30, 2009, after being employed for 38 years. His appraisal activity has, for the most part, been as an in-house appraiser of mining equipment and process plants for the company. The focus has been primarily in the southwestern United States at sites in Arizona, New Mexico, Texas and Colorado with additional assignments in Mexico and South America. He began appraising machinery and equipment for Phelps Dodge in 1988, and specialized in the appraisal of mining equipment and material processes for both open pit and underground operations. He completed appraisal assignments for a variety of departments within the company, including Resource Management (process plants & equipment), Global Supply Chain (asset recovery, liquidation and transfers of machinery & equipment and other capital assets,) Risk Management (insurance values), Land & Water (ranches & water rights), Corporate Finance (lease options, residual values at end of mine life, values for bond issues). In 1992 Charles earned an Accredited Senior Appraiser with a Machinery & Equipment designation from the American Society of Appraisers. In 2004 he became a senior instructor for the Principles of Value courses Level 201 & 202, and have taught these classes throughout the United States. He is the course developer and author of ME217 Advanced Mining Class, which was taught for the first time in May 2011 in Australia. Charles has also taught ME201, 202 and 214 (Mining course) in Australia in 2010. He is also the developer of an ASA Webinar for the ASA on Life Cycle Costing of Mining Assets. Professional Appraisal Services Inc. was formed in 1995, and is the current president. His military experience and history includes being a retired Senior Chief Petty Officer with the United States Navy with 28 years of service. He has had experience in submarine warfare, being a navy diver and instructor NEC 5345 and 9502.


Cuyler_Otto_75x100Otto Cuyler, President | Cuyler FoodPro
Presentation: Food Processing/Micro Brewery

Otto Cuyler grew up in a food processing machinery family started in 1942 by his father and grandmother in Webster, New York. Starting out as a mechanic, he helped recondition all types of food processing equipment as a teenager. He also accompanied his father on buying inspection trips, auctions and appraisals for regional banks. Otto continues the family food machinery business, from his father’s passing in 1979 to today. In 1982, he started working with national asset based lenders appraising machinery and valuing complete plants for liquidation and auction. In 2000, Otto formalized Cuyler FoodPro Appraisal, as the appraisal division of Cuyler Associates, Inc. In 2012, his daughter, Cate, joined the firm as a valuation and marketing associate, the forth generation of this family business. Otto is current in the Uniform Standards of Professional Appraisal Practice (USPAP) and a frequent speaker at local and national ASA and other value groups.“Our over 70 years of experience in buying, reconditioning, selling and appraising food processing machinery gives us a unique perspective on value, as we use our own money to buy and sell, every day.”


Desfor_Sharon_75x100Sharon A. Desfor, ASA, President | HeliValue$
Presentation: Helicopters, their Market, and its Drivers

Sharon Desfor, ASA, is president of HeliValue$, Inc., the world’s most trusted helicopter appraisal firm, and publisher of The Official Helicopter Blue Book®, the accepted standard for helicopter resale pricing information. Sharon is an Accredited Senior Appraiser of the ASA, currently serving on ASA’s Board of Governors and Strategic Planning Committee, chairing the International Committee, and standing ex oficio on the Budget & Finance Committee and Machinery & Technical Specialties Committee. She has served as Editor of both the M&TS Journal and Production Manager of Valuing Machinery and Equipment, Third Edition. Sharon is past Chair of the Helicopter Foundation International and of the HAI’s Finance & Leasing Committee, and served as Editor of HAI’s finance handbook, Helicopter Funding: Assembling the Pieces of the Puzzle. Sharon performs appraisals for finance and leasing, helicopter acquisitions and sales, bankruptcies, estate settlements, mergers and acquisitions, insurance subrogation, and litigation support. She mostly enjoys teaching finance people about the helicopter industry and helicopter people about the finance industry. Sharon gives lectures regularly for ASA, Corporate Jet Investor (CJI), and the Helicopter Association International (HAI), occasionally for the Equipment Leasing and Finance Association (ELFA) and the National Aircraft Finance Association (NAFA), and writes articles for a number of magazines in the aviation and appraisal industries. She is a vigorous advocate for professionalism in appraising, and an outspoken participant in appraisers’ forums on LinkedIn. You can find her profile and groups at www.linkedin.com/in/sharondesfor.


Santora_Joseph_75x100Joseph M. Santora, ASA, President | Irontrax
Conference Organizer

Joe Santora has spent more than 10 years building Irontrax into a reputable partner for financial institutions, equipment managers and construction professionals who seek accurate valuation and sales of machinery and equipment. Irontrax is in the approved appraiser list for most of the major financial institutions. Joe’s deep relationships in the market, coupled with his true third-party viewpoint, have yielded consistent spot-on valuations for clients. Joe has walked in the shoes of his clients. Prior to starting Irontrax, Joe was an asset manager at First Merit Bank (Akron, Ohio) where he established bank policy for the Equipment & Leasing & Finance Division and instituted the use of an approved appraiser list. He also held roles with Ritchie Bros. Auctioneers, the world’s largest auctioneer of unused and used heavy equipment and trucks, and Insight Auctioneers (Sebring, Florida). During his 5-year tenure with Ritchie Bros. Auctioneers, Joe was responsible for the successful liquidation of over $100 million in assets. Well known throughout the industry, Joe has been published in several financial and construction trade publications and has served on numerous committees for the Ohio Contractors Association. He currently is a member of the American Society of Appraiser’s MTS (Machinery and Technical Specialties) committee. Joe holds an ASA designation from the American Society of Appraisers and has completed the Uniform Standards of Professional Appraisal Practice (USPAP).


Greene_Dale_ASA_75x100BWDale Greene, ASA, Appraisal Manager  / Empire Caterpillar
Presentation: Construction Equipment

Dale is an American Society of Appraisers “ASA Accredited Appraiser” with 22 years in the Heavy construction and mining equipment business. During the past 15 years Dale has been with Empire Southwest a top rated Caterpillar dealer and a worldwide leader in used equipment sales.  As the Appraisal manager for Empire, Dale leads a team of 4 full time equipment inspectors and produces over a thousand machine appraisals per year. He developed Empires Consignment program which has produced $50,000,000 (50 million) in consignment sales. Dale also supports Empire’s Finance department with residual and collateral values which is on target to produce $90,000,000 (90 million) in finance contracts this year.

 

To register or to learn more about the conference and why appraisers, equipment management professionals, remarketers and industry service providers are attending, visit ASA Online or call (800) 272-8258.

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2015 ASA Personal Property Conference Recap

This year’s Personal Property Conference, Current Issues in Determining the Authenticity in Visual Art and Objects, The Catalogue Raisonné, Art Scholarship and Value in the Marketplace, took place March 25-27th at the Yale Club in New York, NY. The scholarly conference featured highly regarded experts including gallery directors, Catalogue Raisonné authors, attorneys, IRS representatives, insurance providers, object conservators and the FBI. Topics addressed included numerous aspects of the problems appraisers, art-industry professionals and collectors must continually consider, including fakes and forgeries and authenticity issues.

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The conference was held at The Yale Club in NYC.

The conference, chaired by Frances Zeman, FASA was extremely successful, selling out, with participants traveling from all over the country and Canada to attend the three-day event. Attendees like appraiser Laurie Triplette, ASA commented, “The insights, tips and visuals provided by the conference speakers were better than any textbook. You can’t make this stuff up, and I can attest that the learning curve without such guidance is painful!” and appraiser Jake Fish from The Alasko Company remarked, “this conference was THE occasion to collaborate with my colleagues and explore the question of the roll and responsibility as an appraiser regarding object authenticity. I can’t imagine a better opportunity to share ideas and experiences with so many accomplished individuals. What a great conversation and learning experience.”

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One of the Q&A sessions that followed each presentation.

Each panel invited lively Q&A sessions and proved to be an extraordinary opportunity for all appraisers and other professionals in the field who attended. In addition to the panels and lectures, the attendees enjoyed receptions and social mixers at Urban Archaeology in Tribeca and Bonhams auction house in Manhattan, as well as a post-conference field trip to the Princeton University Museum and Sculpture Collection.

Special thanks to John Szoke, John Szoke Editions, NY, NY and Jane St. Lifer, St. Lifer Art, Inc. NY, NY for the generous donation of the Will Barnet Catalogue Raisonné of Prints.

Many thanks to Lowy, NY, NY for the generous donation of their book The Secret Lives of Frames One Hundred Years of Art and Artistry for our raffle.

To view photos from the conference click here.

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New ASA Synchronous eLearning Class a Success

eLearning offers a virtual learning environment that provides students with the same level of technical content and standard of learning as face-to-face course, but is sensitive to time and budget constraints. ASA’s eLearning course offerings and partnerships have been designed to meet the needs of appraisers at every stage of their career. Whether working towards an ASA or AM or a seasoned professional looking to expand your skill set, ASA is the sole source for worldwide education geared towards all six appraisal disciplines.

Instructors Sandra J. Tropper, ASA and David H. Cole, ASA in action providing live eLearning instruction.

Instructors Sandra J. Tropper, ASA and David H. Cole, ASA in action providing live eLearning instruction.

ASA recently debuted a new synchronous eLearning class to rave reviews by students—the new 7-hour USPAP Update Course for PP, GJ and MTS.

Synchronous classes are basically the same as live, in-person classes but take place online, affording students the convenience and cost-savings to learn in their home of office. Students simply log in, listen and follow an instructor-led presentation and participate by submitting and answering questions.

The 7-hour USPAP Update Course for PP, GJ and MTS has been held twice. The most recent offering took place March 18, 2015 with a previous offering on November 19, 2014. Classes ran from 11:00a.m. – 6:30p.m. ET with instruction provided by Sandra J. Tropper, ASA and David H. Cole, ASA. 45 students participated in the two offerings.

In surveys of participating students, an overwhelming majority (90%) favored the synchronous eLearning format.

Here is some additional feedback from students:

I was impressed with the course and the time the instructors took to answer questions and ensure what they were saying was clearly understood. Kudos!” —Susan Golashovsky ASA-PP

The instructors did a bang-up job of running the class via live webinar. It was easy to forget that we weren’t all in one room together, and everyone participated in the class discussion. I believe I gained as much from the webinar as I would have in a traditional classroom setting, but was spared the time and the cost of travel…a huge plus for me!” —Carol DiGiovanni, AM-PP

I was very pleased with my first ASA webinar experience. I found the instructors to be knowledgeable and informative, the curriculum conveyed clearly and the format easy to follow. I am now a fan of ASA’s webinars! —Patrick Davis, ASA-GJ

ASA’s current eLearning formats include: webinars, webinar recordings, audio course recordings and OnDemand. Learn more about ASA’s eLearning education and partners online or by calling (800) 272-8258.

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The Slovenian Institute of Auditors Market ASA’s ARM207

The banner ad on the Slovenian Institute of Auditors website

The banner ad on the Slovenian Institute of Auditors website

The Slovenian Institute of Auditors has recently launched a marketing campaign to promote ASA’s offering of ARM207 in Slovenia. The Institute has run a banner ad for the class on their home page and have sent out eblast to the members of the Institute to promote the ASA course.

Sample of the eblast that the Slovenian Institute of Auditors have sent out to promote ASA’s ARM207.

Sample of the eblast that the Slovenian Institute of Auditors have sent out to promote ASA’s ARM207.

ASA will be conducting a private onsite offering of ARM207-Appraisal Review Theory and Practice for the Slovenian Institute of Auditors, March 18-19, 2015 in Ljubljana, Slovenia. The Society’s Appraisal Review and Management Discipline Committee is sponsoring the course. This comprehensive course will cover a wide spectrum of appraisal review topics, including report writing, review standards, competency issues, disputes, review process, burden of proof, appraisal language and more; and provide 16 continuing education credits. The instructors of this class will be Richard A. Berkemeier, ASA and Roger P. Durkin, J.D., M.S., FASA.

 

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