ASA to Provide Onsite Training for DLL Financial Services in the Netherlands

The American Society of Appraisers is set to provide the first half of the Society’s popular Principles of Valuation four course series onsite for DLL Financial Services on November 7-12, 2016 in Eindhoven, Netherlands.

ME201-OOO – Introduction to Machinery and Equipment Valuation, is an introduction to appraisal terminology and concepts providing students with a solid foundation in appraisal of machinery and equipment. This course covers machinery and equipment appraisal terminology; functions and purposes of appraisals; introduction of the three approaches to value; depreciation and factors affecting depreciation; field inspection techniques and safety; introduction to the issues of indexes in machinery and equipment appraising; basic pricing exercises for current and obsolete assets; and ethics and professional standards.

ME202-OOO – Machinery and Equipment Valuation Methodology, explores in depth the ideas introduced in ME201 and provides 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 machinery and equipment appraisals, reproduction cost new, replacement cost new, replacement cost depreciated, fair market value in use, orderly liquidation value, forced liquidation value and supporting conclusions for various purposes.

DLL Financial Services Headquarters Building

The two classes are expected to draw students from not only the Netherlands, but also from other countries like Australia, Brazil, Germany, Sweden and the United Kingdom. Instruction will be provided by Richard A. Berkemeier, ASA. Mr. Berkemeier, who serves as the Society’s Machinery & Equipment Discipline Education Chair, is an independent 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.

The ASA Philadelphia Chapter is co-sponsoring with DLL on these course offerings. Tuition is $2,400 USD ($1,200 USD/per course), which includes all course materials and can be paid online with a major credit card or by PayPal through the Philadelphia Chapter website. If you have any questions, please contact Richard Jordan, ASA, 610-386-3421 or at rjordan@leasedirect.com.

DLL Financial Services is a global provider of asset-based financial solutions in the Agriculture, Food, Healthcare, Clean Technology, Automotive, Transportation, Construction, Industrial and Office Technology industries. DLL collaborates with equipment manufacturers, dealers and distributors in more than 35 countries. Offerings include vendor finance, commercial finance, life cycle asset management, consumer finance, leasing and factoring. DLL is a wholly owned subsidiary of Rabobank Group.

For more information about ASA’s Onsite Course Program, visit ASA online, call +1 (703) 478-2228 or e-mail, asainfo@appraisers.org.