Japanese Appraisal Students Complete ASA Course in Tokyo

By Sharon Reed

TOKYO, JAPAN — Twenty students with real property and finance backgrounds attended the American Society of Appraisers (ASA) ME203 course taught by Douglas R. Krieser, ASA in Tokyo, Japan from September 27-30, 2018.

Professor Kazuo Wakayama assisted as translator. This group of students had just completed and passed ASA’s ME202 course taught by Douglas R. Krieser, ASA the previous month.

The three-day course provided insight and discussion of a balance sheet applying the weighted average cost of capital exercises, trending, and cost to capacity analysis. The course also included exercises using the concept of age/life and deduction, curable cost to repair, and developing a weighted effective age.

The students will continue in November 2018 with the final Principle of Valuation course to be taught in November by Richard Berkemeier, ASA.