Posted in July 1, 2020 ¬ 10:20 amh.adminComments Off on Boston Area Real Property Appraiser Takes Office for Leading Global Valuation Professional Organization
Lorrie Beaumont, ASA, RA,
Certified Residential Appraiser, owner of Westwood, Massachusetts based LB Appraisal Associates, Inc, began her
one-year term as International President for the American Society of Appraisers
effective July 1, 2020.
In preparation for her service, she and ASA CEO, Johnnie
White participated in the recent ASAE
CEO Symposium in Orlando, FL. This 2-day executive training
event hosted by the American Society of Association Executives
provided advanced insight into defining annual priorities and determining how
to work better together. It also explored challenges facing contemporary
association leaders and highlighted the value of informed policy and strategy
as primary tools of the leadership team.
Ms. Beaumont has been appraising since 1980 and established
her practice in 1988. She completed her required course of study for licensure
from the Massachusetts Board of Real Estate Appraisers, the Appraisal Institute
and the American Society of Appraisers.
She has served on the executive board of the Massachusetts Board of Real Estate Appraisers (MBREA), culminating her term as President of the association in 2006. She completed her four year term as Chair of MBREA’s Education Committee in 2015. She has also been an active member of ASA for more than 30 years, most notably serving as Boston Chapter President from 2001-2002, Real Property Discipline Governor for ASA’s Board of Governors from 2011 to 2015 and International Secretary/Treasurer and Vice President for ASA. She was also previously a member of ASA’s Board of Examiners and Strategic Planning Committee.
Ms. Beaumont holds an Accredited Senior Appraiser (ASA) designation from ASA, a Residential Appraiser (RA) designation from MBREA and is a state-certified residential appraiser in Massachusetts. She developed courses and taught them for the MBREA. She has written numerous articles for the New England Real Estate Journal, contributed editorials as a member of the Banker and Tradesman’s Advisory Board, and served as the MBREA representative on The Appraisal Foundation’s Advisory Council (TAFAC) for six years.
While Northern Virginia enters Phase 2 of the “Forward Virginia” plan, we have begun Phase 1 of reopening the office for our staff as of Monday, June 15, 2020. ASA has opened its doors to its staff, but it hasn’t been made a requirement for employees to return to the office at this time. Operations will be continued through a hybrid model throughout the summer or until further notice.
We’re very encouraged by the gradual reopening of ASA, but our main concern continues to be the health and well-being of our staff. To that extent, ASA and all employees are taking the proper precautions to help prevent exposure and the spread of the virus to our coworkers.
As with everything else, reopening our office will come in phases and we are hopeful that we will all be back at the office in the normal swing of things soon. In the meantime, I am grateful to have the opportunity to check in with the ASA staff face to face again, even if by maintaining a 6ft distance and wearing face masks while interacting.
Though we will only have a small amount of staff working in the office at a time this summer while the others remain working from home, I am confident that we will continue bringing the American Society of Appraisers into new heights.
In other news, I have been very busy virtually sharing important ASA updates with various groups this month.
On June 18th, I had the honor of attending ASA’s 9th Annual (1st Virtual) Fair Value Conference. Some highlights of what I spoke about include: partnering with Shannon Pratt on his 6th Edition of Valuing a Business, ASA’s Education Foundation backing our Fundraiser to help provide support to families of appraisers that have passed due to COVID19, ASA filing an amicus brief on behalf of its defendants in an ongoing ESOP case, and the progress we have made regarding CEIV™.
I similarly participated in a recent virtual happy hour hosted by ASA’s Connecticut Chapter with our Chapter and Government Relations Specialist, Justin Kane and our ARM/BV/MTS Marketing Account Manager, Jessica Wilhelmy on June 16th where I spoke about the gradual reopening of the office. We were also joined by prominent branding coach, Rob Genovesi, who led the discussion on the importance of company branding and strategic ways to set yourself apart from other competitors. It was great to see the Connecticut Chapter putting forth this innovative idea to host a virtual happy hour for their chapter.
Though some states have lowered their social distancing restrictions, the regard for our member’s health and safety is still our leading concern, so we will continue hosting our educational offerings, meetings, and networking events virtually throughout the rest of the year.
I look forward to when our whole Community can meet face to face again; but being able to continue holding these stellar events, allowing myself and all ASA members from around the world come together and meet virtually from home, has made me feel more connected to ASA than ever. I truly appreciate everyone who has been able to attend our live virtual events and am proud to be part of such a strong society.
I am energized by the start of Phase 1 in reopening our office, and I look forward to continue seeing everyone at ASA’s upcoming virtual events.
American Society of Appraisers hosted its 9th Annual and 1st Virtual At-Home Edition ASA Equipment Valuation Conference on Tuesday, June 2, 2020.
“It was amazing to participate in the EVC and seeing the outstanding speakers and participation from attendees around the world. These types of events are just what we need during these unprecedent times. Glad I was part of it.” Johnnie White, CEO
Healthcare challenges, legal issues, and terminology pertinent to this industry.
Why federal legalization of hemp is not as simple as it first sounds, how states are taking the lead on marijuana reform, and why the federal government may not be far behind.
(click on the links above to view the slideshows)
The
conference was followed by a virtual happy hour, which offered an opportunity
for attendees to enjoy time to networking and participate in trivia games.
We’d
like to thank everyone who joined us for this event, allowing our annual
conference to continue, no matter the circumstance. We were pleased to have
such a great turnout as we continue adapting to this changing environment and
showing just how strong ASA is!
The
primary goal of this conference was to bring together global MTS Appraisal
leaders and professionals as well as friends and partners of ASA from around
the world in an open dialogue, to discuss the trends, challenges, and pertinent
information in Machinery & Technical Specialties Appraising. We believe
that our diverse and dynamic group of speakers and panelists provided in-depth
insight, as well as, actionable and practical tools to strengthen skillsets.
We’d like to extend a big thank you to our presenters:
Kurt J. Rankin; Vice President and Economist of The PNC Financial Services Group. Kurt is responsible for contributing to PNC’s regional, national and international economic analysis, including coverage of metropolitan area economies throughout PNC’s midwestern footprint.
Matt Kaufman, ASA; is Principal of Spearhead Valuation Group. Matt has been a designed member of ASA since 2013, an active volunteer and currently serves as the ASA Equipment Valuation Conference Chair.
Jack Beckwith, ASA; is Managing Director and President of EAGI. Jack currently serves on the IVSC’s Advisory Forum as ASA’s Representative and is a Senior Instructor teaching MTS Principle of Valuation courses.
Thomas G. Haren; is a Partner with Frantz Ward LLP. Thomas represents growing businesses at each stage of their development, and is regularly asked to serve as outside general counsel for his clients.
Please visit our Flickr account for more pictures of our event!
I would like to take a moment to say we are all in
unprecedented times. It started with the Pandemic and public health concerns,
particularly for our elderly and minority communities who have been
disproportionally impacted due to health and economic inequity. Followed by
grief, as many in our Society, profession and nation witnessed the senseless
injustice over what has recently taken place in Minnesota, as well as in Georgia,
Kentucky and New York.
I know several of you may be living in cities where you are
experiencing firsthand the protesting that is happening or seeing this on the
news. The pain, anger and demand for change are clearly visible around the
world and contrasted with the rioting, looting and destruction, which I
personally do not agree with. I believe for us to overcome and make any change
we must do it peacefully.
Dr. Martin Luther King Jr. believed that peaceful protest is
how voices are best heard. At ASA we have been listening and have been taking
steps to address the fundamental issues of diversity, equity and inclusion
including:
What drives and brings our Society and profession together
is our shared, passionate belief that appraisers are independent, impartial and
most important without prejudice.
I know in my heart we will get through this as there are too
many good people out there in this nation and the world that will overshadow
the bad. Let’s take the time to listen to each other. This is the only way we
will move forward.
These leading experts will discuss the latest fair value
measurement and valuation, as well as other current and future expected trends
regarding the FASB, SEC and international accounting standards at the upcoming ASA
Fair Value Virtual Conference scheduled for June 18, 2020
from 1:00pm – 4:30pm ET.
William Johnston, ASA, IA,
is Managing Director of Empire Valuation
Consultants. He has over20 years of experience in business and intangible
asset valuations where he has managed and prepared numerous valuations for
financial reporting purposes, including purchase price allocation, goodwill
impairment testing, cheap stock and Stock Compensation (ASC 718) and 409A. Mr.
Johnson has been a designated member of ASA for 19 years, an active volunteer
and currently serves on ASA’s Board of Governors Committee as Business
Valuation Discipline Governor.
Raymond Rath, ASA, CEIV,
IA, ARM, is Managing Director of Globalview
Advisors. He has over 30 years of financial valuation expertise and is a recognized
leader in the valuation of businesses, securities interests, and intangible
assets, as well as in the valuation projects for financial (both U.S. GAAP and
IFRS) and tax reporting, transactions, and litigation projects. Mr. Rath has
been a designated member of ASA for 36 years, an active volunteer and currently
serves on ASA’s Board of Examiners Committee as Vice Chair for Appraisal Review
and Management.
Johnnie White, CAE,
is CEO of the American Society of
Appraisers. He is responsible for the oversight and management of the Society’s
business office and executing the directives set by the ASA board of governors
and its executive committee. As an association professional with more than 27
years serving in a variety of management and leadership roles, Mr. White has
received numerous awards and recognitions for his association work, including
being named one of the top 40 Trending Association Innovators by DCA Live in
2017.
Kevin Prall, CFA,
CVA, is Director in the Valuation & Business Analytics of BDO. He has over 13 years of experience
in providing financial advisory and valuation consulting services, and
specializes in business enterprise valuations, intangible asset valuations, and
forecasting for financial reporting, tax, and transaction support. Mr. Prall
also currently serves as the Business Valuation Standards Director at the
International Valuation Standards Council (IVSC), where he works with global
leaders to advance the interests of investors and the capital markets.
David Yates, CPA,
is a Practice Fellow with the Financial
Accounting Standards Board (FASB). He has over 14 years of experience in
public accounting and has served clients of various sizes in the public and
private sectors, including the industrial manufacturing, technology, insurance,
distribution and telecommunications markets. Prior to joining the FASB, he was
a senior manager at KPMG. Mr. Yates is a frequent speaker and contributing
author on financial accounting, mergers & acquisitions, corporate tax,
revenue recognition and other related topics.
Mark Zyla, ASA, is
Managing Director of Zyla Valuation Advisors
LLC. He has over 35 years of experience in business valuation and
litigation services, with a particular focus on valuation issues in financial
reporting, litigation consulting and valuation issues in tax reporting
requirements. He is a frequent presenter, author and instructor on valuation
issues. Mr. Zyla has been a designated member of ASA for 29 years, an active
volunteer and currently serves on ASA’s Business Valuation Discipline Committee
as a Member At-Large.
Mohini Singh, ACA,
is Director of Financial Reporting Policy for the CFA Institute. She has over 30 years of experience with a present
focus on representing membership interests regarding financial reporting
proposals of the IASB, FASB and other regulators, as well as serving on the IAASB
consultative advisory group, The IESBA consultative advisory group, and the
XBRL US data quality committee. Prior to joining CFA Institute, Ms. Singh
served as a Policy Advisor for the Institute of International Finance, General
Manager and Financial Controller of Disha and an audit manager at KPMG.
Scott Winters,
is an Equity Analyst at BlackRock. He
has over 23 years of experience in equity analysis specializing in industrial,
energy, material, technology and chemical sectors. Prior to joining BlackRock, Mr.
Winters served as an Equity Analyst for Ariel Investments and Oppenheimer
Capital, Director of Operations Research & Analysis for Telephia and a
Process Engineer for Lyondell Chemical Company. He also has earned an MBA from
the Columbia Business School, as well as a BS in Finance from The Wharton
School and a BS in Chemical Engineering from the University of Pennsylvania.
Myron
Marcinkowski, ASA, CEIV, is Managing Director, Valuation Advisory
Services at Duff & Phelps. He has
over 33 years of experience in valuation and financial advisory services and
has prepared numerous valuations for businesses, securities and
tangible/intangible assets for various purposes. He also has appeared as an
expert witness, presented and instructed on valuation, and served as a
congressional committee advisor. Mr. Marcinkowski has been a designated member
of ASA for 27 years and also is a holder of the Certified in Entity and
Intangible Valuations™ (CEIV™) credential.
Leigh Miller,
Global Valuation, Modeling & Economics Leader at EY. He has over 30 years of experience in leading local and
national VME practices and assisting EY clients with complex valuation issues,
performing valuations of intangible assets, financial instruments and
closely-held business interests for a variety of purposes including financial
reporting, buy- and sell-side acquisition analyses, estate and gift tax
purposes, income tax purposes and litigation support.
Stamos Nicholas, Principal, at Deloitte. He has over 35 years of experience in providing valuation and financial valuation consulting services worldwide for the purposes of accounting, tax planning, financing, bankruptcy, litigation, mergers and acquisitions, investment and strategic planning. Mr. Nicholas has particular experience in the valuation and assessment of various types of financial securities and intellectual properties. He has testified as a valuation expert on business enterprises and intellectual property in various courts of law including tax court and has extensive experience in dealing with the IRS, SEC and other regulatory and tax authorities worldwide on valuation issues.
Adam Smith, ASA,
Managing Director, at PricewaterhouseCoopers.
He has over 20 years of experience in valuation. He has performed valuations of
businesses, business interests, intangible assets, economic damages, derivatives,
and lost profits. His experience includes preparing valuations for a wide range
of purposes including financial reporting, litigation support, corporate
planning and consulting, mergers and acquisitions, estate and gift tax
reporting, and employee stock ownership plans. Mr. Smith has been a designated
member of ASA for 15 years.
James Weaver, Principal at LLP KPMG. He has performed hundreds of valuations encompassing most industry sectors including healthcare, financial services, manufacturing and consumer products assists companies with the valuation of business interests, intangible assets, debt instruments, employee stock options, derivatives, and complex securities. In addition, he has extensive financial reporting valuation experience with ASC 805: Business Combinations, ASC 350: Intangibles – Goodwill and Other, ASC 360: Property, Plant and Equipment, ASC 718: Compensation – Stock Compensation, among others.
Roger Grabowski, FASA, Managing Director at Duff & Phelps. He has over 40 years of experience in valuation services, and has directed valuations of businesses, interests in businesses, intellectual property, intangible assets, real property and machinery and equipment, as well as been recognized in various courts as an expert on matters of solvency, the value of closely held businesses and business interests, valuation and amortization of intangible assets and other valuation issues. Mr. Grabowski has been a designated member of ASA for 43 years.
Be sure not to miss the valuable insight learned from these leading
experts!
This past May, myself and ASA International President, Douglas
R. Krieser, have been busy sharing with various groups our latest
insight and experiences on the impact of COVID-19 to ASA members and the
profession. Below is a brief recap of our efforts.
Doug shared his personal COVID-19
experience and insight with 3,400+ Chinese valuers via an article
published by the China Appraisal Society
(CAS) and China Valuer International
(CVI). He also shared similar perspectives on potential
changes to aircraft travel with 25,000+ readers of Valuation Review.
I similarly participated in a recent virtual meeting
arranged by our Boston Chapter, where I spotlighted
ASA’s
COVID-19 efforts to support members, the profession and consumers.
As well as oversaw the efforts to partner with 10 other
leading valuation professional organizations to send a letter to the IRS and
Treasury questioning recent changes in the 6695A pre-penalty review
process.
Last, I was recently appointed to the Events
Industry Council APEX COVID-19 Business Recovery Task Force, a special
global group assembled to curate accepted practices across the events
eco-system and provide a framework for meeting face to face again safely. I’m looking
to leverage new insights and relationships gained to help better position our International
Conference and other future events for post-pandemic success.
To read more about my travels
(through zoom) and other important news visit my Message from the CEO
column on ASA’s Blog, or follow me on Twitter @johnniewhiteCEO and LinkedIn: www.linkedin.com/in/johnnniewhiteceo for more ASA updates.
Posted in May 28, 2020 ¬ 11:16 amh.adminComments Off on ASA, Others Send Letter to IRS and Treasury Questioning Recent Changes in 6695A Prepenalty Review Process
On May 18,
ASA and ten other appraisal organizations sent a letter to the Internal Revenue
Service and the Treasury Department regarding a recent change to the Internal Revenue Manual affecting the way IRS
reviews appraisals prior to imposing a civil money penalty for valuation
misstatements under Section 6695A of the Internal Revenue Code. This change
reduces the number of individuals involved in the decision to impose a 6695A
penalty, and could result in a penalty being imposed without the appraisal in
question being reviewed by an individual with valuation training or expertise.
ASA and its
partners expressed concern this change could lead to several distinct outcomes:
First, that
the reduction in the number of
individuals involved in the process (previously, no less than five
individuals were involved, including three with valuation training or
expertise) could lead to an increase in the number of non-meritorious cases being
brought against appraisers.
Second, that
the cost of defending against a 6695A
penalty and, potentially, lodging an appeal should IRS ultimately impose
the penalty, could place appraisers in the difficult position of having to bear
significant financial costs or face the reality of no longer performing
tax-related appraisal work and the ripple effect such an outcome would have.
Third, that
the new process increases the likelihood
of factors outside of the appraisal – such as previous interactions or a
sense of personal ownership – could drive the imposition of penalties even
where there was not sufficient basis in the appraisal itself to support the
penalty.
Finally,
that the process by which IRS made this
change – using a temporary process that did not involve outside stakeholder
engagement – failed to take into
consideration the potential impact of the change and overlooked the significant
collaborative effort that went into crafting the original review process in the
first place.
ASA and its
partners look forward to engaging with IRS to find a fair solution to this
issue that works for everyone, and ensures critical protections for appraisers
remain in place.
ASA wishes
to thank its partners who signed onto this important letter:
Posted in May 27, 2020 ¬ 11:36 amh.adminComments Off on The 10th Annual Award Winning Houston Energy Valuation Conference & Business Valuation Resources partnered to Go Virtual on May 13, 2020
American Society of Appraisers’ Houston Chapter partnered with Business Valuation Resources (BVR) to host its 10th Annual Award Winning and 1st Virtual At-Home Edition of 2020 Energy Valuation Conference on Wednesday, May 13, 2020.
Event Chair Carol Akers Klug, Sponsor Chair Laurie-Leigh White, Speaker Chair Alan Harp, IT Chair Michael Morgan, Location Chair Paula Lindsey & Treasurer Sumeet Sahnan, provided an overview: “ASA’s CEO Johnnie White and President Douglas Krieser addressed 205 attendees who joined from 13 states and 4 countries from Kazakhstan, Brazil to Canada. By Discipline, 59% were ASAs [36% BV; 17% MTS; 6% ARM]; 27% CPAs; 7% CFAs & 2% industry executives.”
SPEAKERS WERE EXCELLENT & WELL-ROUNDED MIX:
“I will say that it was just as top-notch as it gets. The content was superb and the smooth tech operations really made it one of the best virtual events I’ve attended yet. Your speakers and sessions were, truly, spectacular.” On Webcast
“I thoroughly enjoyed the virtual conference – found it to be very informative and right on point given our current social and economic environment. The speakers were excellent and I look forward to attending next year’s conference – virtual or in-person.” ASA.MTS Attendee
“It was the best virtual format event I have participated in over the last two months (and honestly, pretty wide gap relative to second best).” EVC Speaker
“Featured speakers were remarkable leaders from all sectors of the energy industry demonstrating a variety of perspectives in all disciplines: Business Valuation, Machinery & Technical Specialties, Appraisal Review & Management, Real Property, among other.”
Can you provide Learning Objectives, Presenters and Topics of the 2020 Energy Valuation Conference? Houston Chapter’s Energy Valuation Conference is designed to bring together prominent energy valuation professionals along with exceptional networking opportunities. Featured speakers are remarkable leaders in the energy industry from all corners of USA demonstrating a variety of perspectives in BV & MTS:
What makes energy valuation so important to appraisers?
This very dynamic and cyclical industry affects all cities across the world from Denver to Houston to South America. Even if your client isn’t an energy company, energy can still play a vital role in its performance.
What did attendees take away from 2020 EVC? All gained a better understanding of the current economic and geopolitical conditions of the industry, and learned perspectives on challenges faced in energy valuations in this economic slump and COVID environment. Which sectors will return and when. EVC is a very holistic and well-rounded conference that attendees enjoy and learn from – not just appraisers.
These leading experts will discuss the machinery and
equipment opportunities and challenges for valuation and finance professionals
during this current crisis at the upcoming 9th
Annual ASA Equipment Valuation Virtual Conference scheduled for
June 2, 2020 from 11:00am – 5:30pm ET.
Douglas Krieser,
ASA, FRICS, is Founder and President of Valcon
Partners, LTD. He has performed and supervised valuations and consulting
projects on an international basis for over 30 years. His expertise is
primarily machinery & equipment/personal property. However, he has broad
experience in performing valuations and consulting projects for a variety of
purposes. Mr. Krieser has been a designated member of ASA for 23 years, an
active volunteer and currently serves as International President.
Johnnie White, CAE, is CEO of the American Society of Appraisers. He is responsible for the oversight and management of the Society’s business office and executing the directives set by the ASA board of governors and its executive committee. As an association professional with more than 27 years serving in a variety of management and leadership roles, Mr. White has received numerous awards and recognitions for his association work, including being named one of the top 40 Trending Association Innovators by DCA Live in 2017.
Karen
Milan, ASA, is Senior Vice President, Complex Properties for Cantrell
McCulloch. She has been a personal property equipment appraiser for over 30
years and has performed appraisals across a wide range of industries in most
states where business personal property is taxed. Ms. Milan has been a
designated member of ASA for 34 years, an active volunteer and currently serves
as ASA MTS Committee Chair.
Matt Kaufman, ASA,
is Principal of Spearhead Valuation Group.
He has supervised appraisal projects around the globe, including mines,
sawmills, pulp/paper, utilities, data centers, manufacturing and equipment
dealerships; and specializes in valuations for financial and tax reporting,
insurance claims and litigation support. Mr. Kaufman has been a designed member
of ASA since 2013, an active volunteer and currently serves as the ASA
Equipment Valuation Conference Chair.
R.
Lee Robinette, ASA, is President of Collateral
Evaluation Associates, Inc. He has over twenty five years of machinery
& equipment and inventory appraisal experience. His firm specializes in appraising
assets from a wide variety of manufacturing and industrial operations, as well
as other more specialized or niche operations. Mr. Robinette has been a
designated member of ASA for 32 years, an active volunteer and currently serves
as a course developer and instructor.
John
Russell, is Senior Director of Government Relations and Business Development
of American Society of Appraisers. He
is an association leader with 11+ years of experience in government relations
and business development. Mr. Russell represents ASA in all legislative and
regulatory matters at the federal and state level; Orchestrates industry
partners and builds coalitions on issues affecting the appraisal profession; and
serves on ASA’s cross-functional executive team.
Jack
Beckwith, ASA, is Managing Director and President of EAGI. He has over 44 years of broad experience in performing
valuations and consulting in a variety of industrial, commercial and
institutional properties, as well as being an expert witness. Mr. Beckwith has
been a designated member of ASA for 24 years, an active volunteer and currently
serves as ASA’s representative on the International Valuation Standards
Committee.
Thomas
G. Haren, is a Partner with Frantz
Ward LLP. He represents growing businesses at each stage of their
development, and is regularly asked to serve as outside general counsel for his
clients. In that role, he advises clients with respect to innumerable legal
issues, including regulatory compliance, corporate governance, contract negotiations,
risk management, litigation and other day-to-day business issues. He often
works with his clients to achieve long-term success in developing markets.
Scott Whitaker,
Is Vice President of Operations Continuum
Solutions. He is a highly adept security and law-enforcement Specialist
with over 30 years of experience, possessing a solid background as a tactical
team member, group leader, staff trainer and operations manager. Mr. Whitaker
also has additional experience in collaborating with U.S. and foreign military
officials and federal specialists to provide wide-ranging law-enforcement
activities.
Kurt
J. Rankin, Vice President and Economist of The PNC Financial Services Group. He is responsible for
contributing to PNC’s regional, national and international economic analysis,
including coverage of metropolitan area economies throughout PNC’s midwestern
footprint. Mr. Rankin focuses on econometric model design and improvement, and
specifically with operations related to quality control and model validation.
Be sure not to miss the valuable insight learned from these leading experts. Plus…participate in our Virtual Online Networking/Happy Hour and enjoy post conference discussions, trivia and prizes!
This past
March and April I have been staying at home, like many others, due to the
global COVID-19 pandemic. During this time I’ve been fortunate to continue my
ASA leadership responsibilities and coordinate with staff, also working at
home, the remote operations for the Society. A detailed account of our efforts to
support members, the profession and consumers are noted in our ASA – Out in Front During
COVID-19 post.
Prior to
this several important events occurred worth mentioning, including: the signing
of an MOU with a Nigerian VPO; the first official sale of the newly updated MTS
publication; a visitation to ASA’s HQ by leaders of the our strategic partner
in Korea, the Korean Association of Property Appraisers (KAPA) and my interview
with the Executive Leaders Radio (ELR). Below is a snapshot of these events.
ASA Signs an MOU with Nigerian VPO
ASA and The Nigeria Society for Professional Valuation (SPV) have signed a Memorandum of Understanding (MOU). The intent of the partnership is to pursue future collaboration in the areas of education, publications, research and standards. A detailed look at ASA’s Strategic Partnership program, including a comprehensive list of current ASA strategic partners like the SPV, is available online at www.appraisers.org/partners.
ASA Records First Official Sale of Newly Updated MTS Publication
ASA and Korean VPO Leaders Continue Ongoing Strategic Partnership Efforts
Leaders from ASA and the Korea Association of Property Appraisers (KAPA) met at ASA’s headquarters in Reston, VA to continue their strategic partnership in working together to support the appraisal system in their country. Discussions focused on ASA, the U.S. appraisal profession and appraisal review. Meeting participants included: Su-mi Ku, Certified Appraiser, Vice President of International Committee, KAPA; Kwan-heong Song, Certified Appraiser, Chief of Office for Appraisal, KAPA; Ji-hoon Song, Chief of Appraisal Screening Office, KAPA; Dr. Jihee Ahn, Researcher, Korea Real Estate Research Institute; Jaeseon Jeong, Certified Appraiser, International Cooperation team, KAPA; along with myself; ASA COO, Bonny Price; ASA Senior Director of Government Relations and Business Development, John Russell and ASA ARM Discipline Committee Vice Chair, J. Mark Penny, ASA, IA, ARM-BV.
Executive Leaders Radio Interview
I participated in an interview with Executive Leaders Radio. ELR is the #1 business weekly radio show in the Mid-Atlantic states and broadcasts nationally on over one hundred and twenty five (125) terrestrial and internet radio stations, from the most credible institutions including the Chambers of Commerce and Universities. Since 2004 ELR has interviewed over 7,000 CEOs. My discussion with Herb Cohen can be heard here.
