MTS Textbook

Valuing Machinery and Equipment: The Fundamentals of Appraising Machinery and Technical Assets
American Society of Appraisers
0-937828-06-8

The valuation of machinery and equipment is an expertise required by a variety of professions, but there is little written about it-in fact, this is one of few books ever published on the subject. Regardless of your specific interest in machinery and equipment valuation, this book will serve you as an essential reference and learning tool.

Published by the American Society of Appraisers (ASA), the only professional society in the United States that offers an accreditation in the appraisal of machinery and equipment, this is the authoritative book on the discipline. Written by members of ASA's Machinery and Technical Specialties Committee, it is the primary text used in ASA's machinery and equipment valuation courses.

Why is this book so valuable?

This book:

• Explains the description and classification of machinery and equipment
• Describes the three primary appraisal approaches and their applications
• Introduces important terminology
• Explains both concepts and methods of determining value and includes extensive examples
• Discusses the essentials of report writing and ethics, including applicable material from the Uniform Standards of Professional Appraisal Practice (USPAP)
• Explores the role of appraisal in leasing and the four basic types of lease structures
• Examines the application of computers in the machinery and equipment appraisal process
• Discusses the valuation of various kinds of technical and specialized property
• Provides appendices with financial tables and information about accounting depreciation, compound interest, licensing, published prices and sources of information, and recommended readings.

About the Authors

The American Society of Appraisers (ASA) is an international nonprofit society of professional valuers originated in 1936 and incorporated in 1952. It is the oldest and only major appraisal organization representing all of the disciplines of appraisal specialists. The society promotes education and the exchange of ideas among those with an interest in the valuation of machinery and equipment. Six thousand members strong and headquartered in Washington, D.C., ASA is self-supporting and independent. ASA's Machinery and Technical Specialties Committee collaborated on the writing of this book. These elected representatives of the discipline, a fully tested and certified, are the leaders in the field.

This book may be ordered online from the ASA Bookstore or by calling ASA at 1(800)ASA-VALU (U.S. and Canada) or (703) 478-2228.