The American Society of Appraisers (ASA) announced its “Allocating Components in Going Concerns Appraisals” course being held on Thursday, April 12, 2018-Saturday, April 14, 2018 in Chicago, Ill. This three and one-half day course presents a fresh perspective for appraisers, assessors, and attorneys to the concept of valuing real estate properties with a business component, such as car washes, fueling station/c-store and lodging properties, the ASA announced in a press release.
“It is a thorough, hands-on learning experience designed to provide the knowledge and understanding of when to, and when not to, properly allocate/segregate the value components as required by lending institutions and analyze their effect on value as required by USPAP,” the ASA stated. “This course presents a clear understanding of going concern valuations and resolves current misrepresentations surrounding the issue.
“The participants will be introduced to a new set of rules to determine which property types qualify as going concern valuations and which do not. Previously written methodologies, techniques and other’s opinions dealing with the segregation and allocation of values will be examined and discussed,” the ASA further stated in the release.
The course covers the latest requirements of lending institutions when valuing these various components. Also presented is how business appraisers value the intangible asset. Additionally, the course presents the arguments against an intangible value. The course will examine a series of case studies dealing with fueling station/c-store, car washes and lodging properties. Other topics covered in this course are as follows:
- USPAP, FIRREA, & SBA;
- Going Concern– various definitions;
- Terms & Definitions;
- Principles & Vice Principles;
- Discernment Rules;
- Applications;
- What’s included;
- Similarities between BV & REA;
- Historical Methodologies;
- Applied Methodologies;
- Brief Intro to Business Valuation and how BV appraisers value an intangible;
- Understanding Financial Statements;
- Resource Materials;
- Case Studies; and
- Small Group Case Studies.
To register or for more information visit ASA Online or call (800) 272-8258.