ASA NYC Calendar

November Meeting: Appraisals Subject to Audit Review

2011-10-25T14:53:00.001-04:00

The November chapter meeting will be held on Wednesday, November 9, 2011 at Connolly's Pub & Restaurant. The guest speaker will be Bernard M. Sencer, ASA, President of Sencer Appraisal Associates Inc., who will lead a discussion about “Appraisals Subject to Audit Review.”

Mr. Sencer, who took his B.S. at the University of Rochester and his M.B.A. at the Baruch School of Business, is a two-term past Regional ASA Governor, who has been a consultant to the U.S. Treasury Dept., the F.D.I.C., the N.Y. State Insurance Dept. and the G.S.A., among other federal, state, and municipal agencies. His practice comprises appraisals of industrial, commercial and institutional machinery and equipment, both here and abroad.

The discussion will treat issues which arise when an appraisal written for a
specific intended use becomes the subject of an audit review. The panel will focus on inter-disciplinary questions, such as the effects of the definition of “fair value.”

This discussion is a must for appraisers in all disciplines! The program qualifies for one hour of ASA Continuing Education Credit.

The Board Meeting is at 5:30 pm.; networking mixer at 6:00 pm; dinner at 7:00 pm. Please RSVP to Aleza Friedman, AM by phone (212) 679-3400, or email. Make your check payable to ASA NY Chapter #30 for $25 per person for members, $35 for each guest. Reserve early. Space is limited.

Update: Current Topics in Business Valuation Seminar

2011-04-08T17:59:00.003-04:00

The American Society of Appraisers, New York City Chapter 30 will host the Nineteenth Annual Current Topics in Business Valuation – 2011 Seminar on Monday, May 2, 2011 at the midtown Manhattan offices of PricewaterhouseCoopers at 300 Madison Avenue, 24th Floor, New York, New York 10017. Scott Nammacher, ASA and Bill Johnston, ASA will co-chair again this year.

This year’s team of presenters is better than ever!

Z. Christopher Mercer, Mercer Capital
Understanding Buy/Sell Agreements and Quantifying the Impacts of Their Terms
Ben Couch, Financial Accounting Standards Board
A First Look at New Fair Value Guidance from the FASB and Other Current Fair Value Topics
William Pittock and Anthony Aaron, Ernst and Young
Life Science Valuation Do’s and Don’ts, in a Changing IPR&D Environment
PricewaterhouseCoopers Speaker to be determined
Applying Option Pricing to the Valuation of Contingent Consideration
Kevin Kane, Empire Valuation Consultants
Valuing Sports Franchises

Registration is $325 per person. No refunds after April 25. Ask about Group discounts. Registrants will receive a binder of speaker outlines and educational materials and a free copy of Chris Mercer's book Buy Sell Agreements for Closely Held and Family Business Owners. To pay online with your major credit card or PayPal go to the ASA NYC Members Page, otherwise please make checks payable to "NYC Chapter of ASA" and send to Ms. Bell.

RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124).

The seminar, which qualifies for 7.5 hours ASA and CPE credit, will cover the how-to aspects of unusual engagements and advanced aspects of evolving areas within the field. It will be ideal for business appraisers and others at all levels.

The seminar brochure with more program details and a registration form will be available shortly.

March Meeting: Cashing In on the New Tax Law

2011-03-05T15:48:00.002-05:00

The March chapter meeting will be held on Wednesday, March 9, 2011 at Connolly's Pub & Restaurant. The guest speaker will be Tamir Dardashtian, JD, an attorney at Anchin, Block & Anchin LLP who will talk about “Cashing In on the New Tax Law: Estate, Gift and GST Tax Law Changes.”

Tamir Dardashtian, Esq. earned his JD from the Brooklyn Law School and a BSBA in Accounting and Finance from the Boston University School of Management. A Senior Tax Manager at the New York City accounting firm of Anchin, Block & Anchin LLP, he has co-authored "Tax Effects of Healthcare and HIRE Legislation," "Some Highlights of the Recently Enacted Stimulus Bill," and "The HIRE Act and the Health Care Reform Acts" for Anchin webinars and publications. Mr. Dardashtian will discuss recent tax law changes relating to trusts, estates, gift and generation skipping taxes.

This presentation is a must for appraisers in all disciplines! The program qualifies for one hour of ASA Continuing Education Credit.

The Board Meeting is at 5:30 pm.; networking mixer at 6:00 pm; dinner at 7:00 pm. Please RSVP to Victoria Ayers by phone 212) 461 6532, or email. Make your check payable to ASA NY Chapter #30 for $25 per person for members, $35 for each guest. Reserve early. Space is limited.

Business Valuation Seminar: April 2011

2011-01-16T09:20:00.001-05:00

The Philadelphia Chapter of the American Society of Appraisers (ASA) will hold its annual Business Valuation Seminar at the Doubletree Guest Suites Hotel in Plymouth Meeting, PA on Friday, April 29, 2011. The program includes sessions focused on limited partnership valuation, private cost of capital, financial fraud and its impact on business appraisal, recent important court decisions affecting business appraisal, and a panel discussion of matrimonial law appraisal.

James R. Park, ASA, a partner in the San Antonio, TX firm of Munroe, Park & Johnson, Inc., will discuss "Valuing Limited Partnerships" from 8:30 to 9:30 am, exploring both income and market approaches. He will also talk about recent litigation of family limited partnerships, including his own experiences. Mr. Park was graduated from Texas A&M University with a BBA in Finance and contributed to the Comprehensive Guide for the Valuation of Family Limited Partnerships and other publications. More in his resume.

Robert T. Slee, President of the Charlotte, NC firm of Robertson & Foley, will talk about "The Private Cost of Capital," a discount rate model that measures private company risk. He will talk from 9:30 am to 12:15 pm, with a 15-minute break at 10:45 am. Mr. Slee, who has an MA from the University of Chicago and an MBA from Case Western Reserve University, founded MidasNation, a community dedicated to helping owners increase the value of their businesses. He is the author of over 200 journal articles and several books, the most recent of which is Midas Marketing: How Midas Managers Make Markets.

David Duffus, a Partner in ParenteBeard's Forensic, Litigation and Valuation Services group, will talk from 1:15 to 2:30 pm about "Financial Statement Fraud, including recent statistics, typical schemes, and the impact on business valuation. A Certified Public Accountant with an MBA in Accounting and Finance from the University of Pittsburgh, he specializes in complex litigation services, forensic accounting and valuation services assignments. Mr. Duffus, who joined ParenteBeard from PricewaterhouseCoopers, is a frequent speaker on fraud and its economic damages.

John Barton, ASA, President of the Lyndell, PA firm of Brandywine Valuation Consultants, LLC., will review "Recent Valuation Cases," primarily US Tax Court and Court of Appeals decisions in estate, gift tax and equitable distribution cases in PA and NJ from 2:30 – 3:25 pm. Mr. Barton holds an MBA from LaSalle in Finance and Accounting, and is a specialist in the analysis of closely-held stock, preferred stock, intangible assets, and debt securities. He has taught business valuation courses for ASA, Big Four accounting firms, the IRS, and at Villanova University, and has appeared as an expert witness in PA, NJ, and FL courts and in US Federal District Court.

Gary Friedlander, Esq., ASA, will lead a panel discussion from 3:40 to 4:40 pm on "Matrimonial Law Appraisal Practice." Mr. Friedlander's Norristown, PA practice concentrates on family law and the valuation of closely held corporations and professional practices. He holds an MBA from Drexel University and took his JD from the Villanova University School of Law. He is a member of the Pennsylvania and Montgomery County Bar Associations and is a participant in their family law sections.

Program Schedule
Registration, Buffet Breakfast	8:00 am-8:30 am
Morning Session*	8:30 am-12:15 pm
Lunch	12:15 pm-1:15 pm
Afternoon Session*	1:15 pm-4:40 pm

*Morning and Afternoon Sessions include Refreshment Break

Early Registration	Register by March 25
ASA Members	$270
All others	$295
Regular Registration	Register after March 25
ASA Members	$295
All others	$320

Additional Information. The program qualifies for eight hours of Continuing Education Credit (CEC) for ASA members and for members of other professional organizations which recognize NASBA credit. A seminar brochure, including additional information, biographies of the presenters, a registration form, refund and cancellation policies is available in PDF format [131 KB]. For all other questions, including CEC eligibility for your organization, please contact the seminar organizer, Bob Haas at rhaasjr@rmha.com or (215) 887-6500, or Joanne Paciello at asaphiladelphia@verizon.net.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail to Executive Secretary Joanne Paciello, 8 Terrace Road, Plymouth Meeting, PA 19462. Please note that seating capacity is limited.

March: 7-Hour National USPAP Update Course

2010-12-27T19:15:00.001-05:00

The Philadelphia Chapter of the American Society of Appraisers will sponsor an all-discipline National USPAP 2010-2011 7-hour Update Course on Wednesday, March 23, 2011 from 9:00 am to 5:00 pm. The course will be held at the Marriott SpringHill Suites, 430 Plymouth Rd, Plymouth Meeting, PA 19462 (Phone: 610-940-0400), which provides ASA members and those taking the USPAP class with discounted rates as low as $139/night if reserved by 2/28/11. (Map) The instructor will be Robert J. Luciani, ASA.

The National USPAP Update Course is a one-day course that focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers. This course, which clarifies several commonly misunderstood aspects of USPAP, will aid appraisers in all areas of appraisal practice seeking updated USPAP competency, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.

The cost of the 1-day course is $125 per person if paid by check, $129 if paid online, and includes a student manual, coffee breaks and snacks.

Seating is limited, so please register early for the course, which meets the USPAP continuing education requirements for most appraisers, including the ASA requirement of one 7-hour USPAP update course every five years for accredited (AM, ASA, FASA) appraisers.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462. RSVP by email, phone (610-277-1366) or fax (610-277-1366).

Business Valuation Seminar: April 2010

2010-02-15T06:59:00.001-05:00

The Philadelphia Chapter of the American Society of Appraisers (ASA) will hold its annual Business Valuation Seminar at the Doubletree Guest Suites Hotel in Plymouth Meeting, PA on Friday, April 30, 2010. The program includes how-to sessions conducted by leading thinkers on such topics as IRC 409A and SFAS 123R, intellectual property valuation, reasonable compensation, and lack of marketability discounting.

Mark L. Zyla, ASA, a Managing Director of the Atlanta Georgia firm of Acuitas, Inc. will present A Case Study in 409a and 123R Valuations from 8:30-10:30 am. Mr. Zyla is the author of Fair Value Measurements: Practical Guidance and Implementation (Wiley, 2009) and co-author of AICPA courses Fair Value Accounting: A Critical New Skill for All CPAs and Accounting for Goodwill and Intangible Assets. His presentation will explore current valuation methods, option pricing models and probability return models, discounting for lack of control and lack of marketability, and compare IRS 409A vs. auditor's SFAS 123R expectations.

P.J. Pankaj Patel, ASA, a Senior Vice President, and Edward P. Hamilton, a Vice President, at the Princeton, NJ Valuation Research Corp. will discuss Valuing Intellectual Property And Other Intangible Assets For Financial Reporting Purposes In A Business Combination from 10:15-11:30 am. Mr. Patel who took his B.S. at the University of Toronto and M.B.A. at Canisius College specializes in the valuation of intangible assets including in-process R & D, software, trademarks, patents and copyrights. Mr. Hamilton, whose baccalaureate is from Rowan University in physics, holds an M.B.A. from Temple University. He focuses on the valuation of intellectual property and intangible assets such as trademarks, technology, software, customer relationships and in-process R&D. Using valuation case studies in consumer products, software, technology, and defense companies, Messrs. Patel and Hamilton will discuss valuing brands, customer relationships and technology, including use of the relief from royalty and excess earnings methods and the 25%/33% rule in valuing intellectual property.

Jim Bowers, a Vice President, and Jeff Bacher, a Senior Consultant, at the Philadelphia office of the Hay Group, will present a program on Reasonable Compensation from 11:30 am to 12:15 pm. Mr. Bowers, who took his B.S. at Pennsylvania State University and holds a M.I.L.R. from Cornell, specializes in executive compensation, global job evaluation and general rewards, with a focus on the chemical, pharmaceutical, and energy industries. Mr. Bacher is a Senior Executive Compensation Consultant for Hay and has over twenty years consulting and executive experience. Their presentation will focus on the nuts and bolts of reasonable compensation, including tools to determine reasonableness, and factors that would undermine the presumption of reasonableness.

John J. Barton, ASA, President of Brandywine Valuation Consultants, LLC in Lyndell, PA will discuss Techniques for Estimating the Discount for Lack of Marketability from 1:15-4:40 pm. Mr. Barton holds a B.A. from LaSalle University, an M.A. in literature from Fordham University and an M.B.A. from LaSalle in Finance and Accounting. A specialist in the analysis of closely-held stock, preferred stock, intangible assets, and debt securities, he has taught business valuation courses for ASA, the Big Four accounting firms, the IRS, and at Villanova University. Mr. Barton's discussion of the discount for lack of marketability will use a case study approach focused on these analytical processes:

FMV Opinions Restricted Stock Study
Valuation Advisors IPO Study
Quantitative Marketability Discount Model
Option Models

Program Schedule
Registration, Buffet Breakfast	8:00 am-8:30 am
Morning Session*	8:30 am-12:15 pm
Lunch	12:15 pm-1:15 pm
Afternoon Session*	1:15 pm-4:40 pm

*Morning and Afternoon Sessions include Refreshment Break

Seminar Fees. Seminar fees include breakfast, snacks and lunch.

Early Registration	Register by March 31
ASA Members	$225
All others	$245
Regular Registration	Register after March 31
ASA Members	$250
All others	$270

Additional Information. The program qualifies for eight hours of Continuing Education Credit (CEC) for ASA members and for members of other professional organizations which recognize NASBA credit. A seminar brochure, including additional information, biographies of the presenters, a registration form, refund and cancellation policies is available in PDF format [262 KB]. For all other questions, including CEC eligibility for your organization, please contact the seminar organizer, Bob Haas at rhaasjr@rmha.com or (215) 887-6500, or Joanne Paciello at asaphiladelphia@verizon.net.

Spring 2009: 15-hr USPAP 2010-2011 Course

2009-12-17T11:28:00.001-05:00

The Philadelphia Chapter of the American Society of Appraisers will sponsor a 15-hour, 2-day, all-discipline USPAP 2010-2011 Course on Thursday, April 15, 2010 and Friday, April 16 from 9:30 am to 5:00 pm each day. The course will be held at the Marriott SpringHill Suites, 430 Plymouth Rd, Plymouth Meeting, PA 19462 (Phone: 610-940-0400), which offers discounted rates for ASA members and those taking the USPAP class. (Map)

This 15-Hour USPAP Course presents an overview of the USPAP 2010-2011 regulations and guidelines, and fulfills the requirements of appraisal societies for designation, and for USPAP continuing education.

The cost of the 2-day course is $275 per person and includes a Continental breakfast and afternoon snack each day, and a copy of the 2010-2011 USPAP Book, a $55 value.

Seating is limited to 30 participants, so please register early for the course, which meets the USPAP Requirements for re-accreditation and continuing education for most ASA appraisers.

Make checks payable to ASA Philadelphia Chapter 35 and mail to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462. RSVP by email, phone (610-277-1366) or fax (610-277-1366).

ASA 2009 International Conference

2009-05-14T13:10:00.000-04:00

Get the 2009 ASA International Conference brochure.

Update: Current Topics in Business Valuations Seminar

2009-04-04T15:21:00.001-04:00

The American Society of Appraisers, New York City Chapter 30 will host the Seventeenth Annual Current Topics in Business Valuations – 2009 Seminar on Friday, May 8, 2009 at the Hilton Hotel in New York at 1335 Avenue of the Americas, New York, NY 10019 (Phone: 212-586-7000). Scott Nammacher, ASA and Bill Johnston, ASA will again co-chair the seminar this year.

Registration is $400 person payable in advance or at the door. No refunds after May 1. Registrants will receive a binder of speaker outlines and educational materials. Click the Pay Now button at right to pay with your Visa, MasterCard, American Express, Discover or Bank account through PayPal. (No PayPal account required!) Or pay by check payable to "NYC Chapter of ASA,".

RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124).

The seminar, which is expected to qualify for 8 hours ASA and CPE credit, will cover the how-to aspects of unusual engagements and advanced aspects of evolving areas within the field. It will be ideal for business appraisers and others at all levels. The impressive line-up of speakers, panelists and topics promises a lively and informative day.

Bank Valuations in Today's Environment
Andrew K. Gibbs, CFA, CPA/ABV
Horizon Values: Does, Don'ts and Methods to Keep Your Analysis Consistent
Jeffrey Dunn
Financial Reporting Update: Q & A on Current Issues
Stamos Nicholas
Valuing Debt Instruments: Intrinsic and Relative Valuation Methods
John D. Moore, VP & Timothy J. Doherty, CFA, VP
Underwater Option Re-pricing or Exchange Valuation Techniques and Issues
Cindy Ma, Ph.D, CPA, CFA

Complete seminar details will be available within the week. Please check back here or subscribe to this page for updates.

Fall 2009: Personal Property Seminars

2009-03-27T10:29:00.001-04:00

The American Society of Appraisers in cooperation with the Rhode Island School of Design in Providence, RI will offer two daylong seminars in the school's continuing education Appraisal Studies in Art + Antiques certificate program. Shirley Sue Swaab, ASA of ASA's Philadelphia Chapter will be the instructor for both seminars.

Thursday, September 10, 2009: Ivory and Its Look-A-Likes
Friday, September 11, 2009: Identifying Ceramics: Hard Paste Porcelain, Soft Paste Porcelain, Creamware, Pearlware, Stoneware and Faience

Ms. Swaab, who is celebrated for teaching by using examples, will employ over 100 pieces of ivory and ceramics during the two daylong seminars. For more information, call 215-635-2260.

March: Real Property Seminar

2009-03-13T11:05:00.000-04:00

The Northern New Jersey Chapter of the American Society of Appraisers and the New Jersey North Chapter of the National Association of Independent Fee Appraisers will jointly sponsor a two-hour Real Property Seminar on The Home Valuation Code of Conduct and Fannie Mae Form 1004 MC. The seminar will be held on Monday, March 23, 2009 from 4:00-6:00 pm at the Wilshire Grand Hotel, 350 Pleasant Valley Way, West Orange, NJ 07052. Robert J. Luciani, ASA, IFA, a real property appraiser practicing in Philadelphia, will conduct the seminar, which will be followed by a Chapter Dinner Meeting.

The housing bubble and subsequent melt-down has led to two new requirements for appraisals submitted to the federal mortgage agencies.

The new Home Valuation Code of Conduct (HVCC), effective May 1, 2009, applies whenever the primary lender plans to sell the loan to Fannie Mae or Freddie Mac. It's designed to prevent conflicts of interest.
Beginning April 1, 2009, appraisal reports submitted to Fannie Mae will require Form 1004 MC, a Market Conditions Addendum. Its purpose is to illuminate neighborhood market trends and conditions.

Mr. Luciani will explore the HVCC and 1004 MC requirements and relate them to current USPAP obligations for appraisers.

The program qualifies for two hours of ASA Continuing Education Credit. Dinner is $35 person. Please RSVP Chapter Secretary Lynn Magnusson, AM by phone (973-425-1550), fax (973-425-1553) or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Monday, March 16.

First Call: Current Topics in Business Valuations Seminar

2009-02-19T21:13:00.005-05:00

The American Society of Appraisers, New York City Chapter 30 will host the Seventeenth Annual Current Topics in Business Valuations -- 2009 seminar on Friday, May 8, 2009 at the Hilton Hotel in New York at 1335 Avenue of the Americas, New York, NY 10019. Scott Nammacher, ASA and Bill Johnston, ASA will again co-chair the seminar this year.

Registration fee for the seminar is $350 per person before April 17, $400 afterward. No refunds after May 1. Registrants will receive a binder of speaker outlines and educational materials. Click the Pay Now button at right to pay with your Visa, MasterCard, American Express, Discover or Bank account through PayPal. (No PayPal account required!) Or pay by check payable to "NYC Chapter of ASA,". RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124). (Telephone for the New York Hilton is 212-586-7000.)

The seminar, which is expected to qualify for 8 hours ASA and CPE credit, will cover the how-to aspects of unusual engagements and advanced aspects of evolving areas within the field. It will be ideal for business appraisers and others at all levels. Another impressive line-up of speakers, panelists and topics is being arranged, so please register early.

Complete seminar details will be available in the near future. Please check back here or subscribe to this page for updates.

ASA Northern NJ Events

2008-05-06T13:47:00.000-04:00

Thursday, May 15, 2008: The Multidisciplinary Appraisal Lecture and Tour of the historic Masonic Hall Grand Lodge in New York City features discussions by Ellen Epstein, ASA, Joe Novelli, ASA, and Paul Roberts, ASA. The event is co-sponsored by RICS, the Royal Institute of Chartered Surveyors.
Friday, May 16, 2008: ASA International President, John Willey, FASA, will offer the 7-hr USPAP Update Course at the Holiday-Inn-Harmon Meadows in Secaucus. The course is for appraisers who've already taken the full course.

Current Topics in Business Valuations

2008-04-12T15:45:00.002-04:00

The American Society of Appraisers, New York City Chapter 30 will host the sixteenth annual Current Topics in Business Valuations -- 2008 seminar on Monday, May 5, 2008 from 8:00 a.m to 5:00 p.m at its new location in the City University of New York Graduate Center, 365 Fifth Ave at 34th St, New York, NY 10016 Scott Nammacher, ASA and Bill Johnston, ASA will again co-chair the seminar.

Registration fee for the seminar is $325 per person before April 25, $400 afterward or at the door. No refunds after May 1. Click the Pay Now button at right to pay with your Visa, MasterCard, American Express, Discover or Bank account through PayPal. (No PayPal account required!) Or pay by check payable to "NYC Chapter of ASA,". RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124). (Telephone for the Graduate Center is 212-817-7000.)

The seminar, which qualifies for 8 hours ASA and CPE credit, covers the how-to aspects of unusual engagements and advanced aspects of evolving areas within the field. It's ideal for business appraisers and others at all levels. The impressive line-up of speakers, panelists and topics promises a lively and informative day.

	Current Approaches in Assessing Lack of Marketability Following Opening Remarks at 8:45 a.m. by co-chairs Nammacher and Johnston, the 9:00 a.m. session will feature a panel discussion moderated by Scott Nammarcher and including Ashok Abbpot, John Finnerty & Espen Robak

	Current Perspectives for Financial Reporting -- 141R Stamos Nicholas will talk at 10:45 am.

	S-Corp Valuations and Modeling Applications After Lunch & Networking, Nancy Fannon will talk beginning at 1:00 pm.

	Valuation of Financially Distressed Companies Jeffrey Tarbell & Jon Paul Hanson will talk at 2:15 pm.

	Valuing Private Equity and Hedge Fund Interests Scott Nammacher will give the closing presentation, beginning at 4:00 pm.

Complete seminar details (and a printable registration form) are available in the conference brochure. (PDF: 15 KB)

NYC ASA/NYC Bar Mock Trial

2008-03-24T21:05:00.001-04:00

The New York City Chapter of the American Society of Appraisers together with the New York City Bar Center for Continuing Legal Education are sponsoring What's It Worth In Divorce? Appraisal Of Assets, a mock trial, to be held on Monday, March 24, 2008 starting at 9:00 am at the New York City Bar, 42 W 44th St, New York, NY 10036.

An expert panel comprised of attorneys and ASA appraisers from several disciplines will take you through a step-by-step analysis of a New York City matrimonial dispute involving a number of assets. Included will be a behind-the-scenes "prep session" with plaintiff's and defendant's counsel before trial. The program will conclude with lunch, at which the presiding Judge of the mock trial, Justice Rosalyn Richter of the New York State Supreme Court, will announce the valuation decisions.

For additional information, and to register, please download the mock trial brochure [PDF; 78 KB].

ASA Philadelphia Seminars

2008-02-15T06:37:00.001-05:00

The Philadelphia Chapter of the American Society of Appraisers is sponsoring a Business Valuation Seminar in April and a Personal Property seminar -- Ivory and Its Look-A-Likes -- in May. Go to the ASA Philadelphia Calendar for more information.

First Call: Current Topics in Business Valuations Seminar

2008-02-05T09:24:00.001-05:00

The American Society of Appraisers, New York City Chapter 30 will host the sixteenth annual Current Topics in Business Valuations -- 2008 seminar on Monday, May 5, 2008 at its new larger location in the Graduate Center at the City University of New York at Fifth Avenue and 34th Street across from the Empire State Building. Scott Nammacher, ASA and Bill Johnston, ASA will again co-chair the seminar this year.

Registration fee for the seminar is $325 per person before April 25, $400 afterward. No refunds after May 1. Click the Pay Now button at right to pay with your Visa, MasterCard, American Express, Discover or Bank account through PayPal. (No PayPal account required!) Or pay by check payable to "NYC Chapter of ASA,". RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124). (Telephone for the Graduate Center is 212-817-7000.)

The seminar, which is expected to qualify for 8 hours ASA and CPE credit, will cover the how-to aspects of unusual engagements and advanced aspects of evolving areas within the field. It will be ideal for business appraisers and others at all levels. Another impressive line-up of speakers, panelists and topics is being arranged, so please register early.

Complete seminar details will be available in the near future. Please check back here or subscribe to this page for updates.

High Profile Divorce Cases of the Rich and Famous

2008-01-24T14:50:00.000-05:00

The February chapter meeting will be held on Tuesday, February 5, 2008 at The Harvard Club, located at 27 West 44th Street, New York, NY 10036 (Phone: 212-840-6600) The guest speaker will be Philadelphia Chapter member Jay E. Fishman, FASA, who will discuss High Profile Divorce Cases of the Rich and Famous. A Managing Director of Financial Research Associates in Bala Cynwyd, PA, Mr. Fishman is the author of several books, including Standards of Value: Theory and Applications, with Shannon P. Pratt, and William J. Morrison, and Guide to Business Valuations. He has qualified as an expert witness in eleven states, and taught business valuation for the IRS, AICPA, the National Judicial College, the Hong Kong Society of Accountants, and the World Bank in Russia. Mr Fishman, who chairs ASA's Governmental Relations Committee and is a member of its elite College of Fellows, has recently been appointed to the Internal Revenue Service Advisory Council (IRSAC) for a three-year term.

Appraisers in all disciplines will appreciate this program, which qualifies for one hour of ASA Continuing Education Credit. The Board Meeting is at 5:30 p.m.; networking mixer at 6:00 p.m.; dinner at 7:00 p.m. RSVP to Jessica Le by phone (646-227-4347) or email. There is no charge for members, but space is limited, so please reserve early. Guests are welcome at $50 per person, as space permits, and should make their checks payable to ASA NY Chapter #30.

Philadelphia Chapter January Meeting

2007-11-20T11:12:00.000-05:00

ASA NYC November Meeting -- How Attorneys Use Appraisers and Appraisals

2007-10-27T19:59:00.001-04:00

The November chapter meeting will be held on Tuesday, November 6, 2007 at the National Arts Club, 15 Gramercy Park South, New York, NY 10003 (212-477-2389). This will be a joint meeting with the ASA LI Chapter, which has arranged for panel of attorneys from the NY and NJ law firm of Herrick, Feinstein LLP to address the topic -- How Attorneys Use Appraisers and Appraisals.

The panel comprises Herrick partner John A. Rogers Jr. (Corporate, Securities), associates Andrew M. Grumet (Taxes, Trusts & Estates, Not-for-Profit), Matthew Hawkins (Litigation), and Frank K. Lord, IV (Art Law), and counsel Kenneth E. Kobylowski (Real Estate). They will discuss the use of appraisals in their respective areas of practice. The meeting brochure has additional background information.

Appraisers in all disciplines will appreciate this program, which qualifies for one hour of ASA Continuing Education Credit. The meeting, including cocktails and dinner, is scheduled from 6:00-9:00 pm. RSVP to ASA LI Chapter Secretary Joseph Ammirati, ASA by phone (516-364-3232) or email. The cost for this special event is $49 per person for members and guests alike. Guests will be accomodated as space permits. Please reserve early and make your check payable to ASA LI Chapter.

ASA NYC September Meeting -- The Subprime Mortgage Market Debacle

2007-09-02T11:01:00.000-04:00

The September chapter meeting will be held on Tuesday, September 11, 2007 at the Pera Mediterranean Brasserie, 303 Madison Ave, New York, NY 10165-6201 (Phone: 212-878-6301). The guest speakers will be Chapter President Mark E. Atkinson, ASA, Director at Navigant Capital Advisors, and Bruce Klein, Director at Navigant Consulting, where he specializes in the areas of commercial credit and lending, real estate finance, and mortgage backed securities. Their talk, The Subprime Mortgage Market Debacle, will provide an overview of the subprime market, focusing on how mortgage assets are securitized into investment grade bonds, discussing the process, the participants, and the role of rating agencies. The recent liquidity problems at Wall Street brokers Bear Stearns, and Goldman Sachs, and the collapse of mortgage brokers Ameriquest, New Century, NovaStar and others -- all attributed to subprime mortgage woes -- are effecting not just the housing market but the global economy. This presentation is a must for appraisers in all disciplines! The program qualifies for one hour of ASA Continuing Education Credit. The Board Meeting is at 5:30 p.m.; networking mixer at 6:00 p.m.; dinner at 7:00 p.m. RSVP to Jessica Le by phone (646-227-4347) or email. There is no charge for members, but space is limited, so please reserve early. Guests are welcome at $50 per person, as space permits, and should make their checks payable to ASA NY Chapter #30.

Advanced Business Valuation Conference

2007-08-18T11:08:00.000-04:00

The 2007 ASA Advanced Business Valuation Conference will be held on Monday-Wednesday, October 29-31, 2007 at the Sheraton San Diego Hotel & Marina in San Diego, California. Offering up to 19.5 CPE credit hours and reaccreditation credits, plus optional workshops, the Conference sessions include:

FASB Current Thoughts on Fair Value
State of Business Valution
Business Combinations under SFAS 141R
SFAS 157, SFAS 159 and Beyond
Company-Specific Risk: New Theories
Estimating the Cost of Equity Capital
Fairness Opinions: Issues and Analyses
IP Valuation: A New Look
Implementing 409A and SFAS 123R
Discounts and Premiums
Adjusting Multiples: Guideline Public Companies
Advanced Modeling for Holding Company Valuation
The Market Approach vs. The Income Approach
Discount Rate in a Global Environment
Discounts for Lack of Marketability
Business Valuers and Financial Reporting
IRS Wants to Help You Stay Out of Trouble
The Business Appraiser as an Expert Witness

For additional information, to register for the Conference, or to sign up as an exhibitor, visit the 2007 ASA Advanced Business Valuation Conference website.

ASA International Conference

2007-07-12T12:21:00.000-04:00

The 2007 71st annual International Appraisal Conference will be held in Hollywood, CA on July 15-18, 2007. Don't miss this opportunity to meet with appraisers from around the world in Los Angeles' most famous neighborhood, host to the Academy Awards, home to the Walk of Fame, and a popular destination for nightlife and tourism. Enjoy Hollywood while learning from seasoned appraisal professionals. Conference information is maintained on the national ASA website.

Current Topics in Business Valuation

2007-04-17T11:17:00.000-04:00

The American Society of Appraisers, New York City Chapter 30 will host the fifteenth annual Current Topics in Business Valuations -- 2007 seminar on Friday, May 4, 2007 from 8:45 a.m to 5:00 p.m at its new location in the New York Hilton Hotel, 1335 Avenue of the Americas, New York, NY 10019 Scott Nammacher, ASA and Bill Johnston, ASA will co-chair the seminar.

Registration fee for the seminar, with checks payable to "NYC Chapter of ASA," is $275 per person before April 27, $300 afterward. No refunds after May 1. RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124). For accomodations, call the hotel directly at 212-586-7000. For complete registration information and a schedule of events, please consult the conference brochure [PDF: 105 kb].

Following Opening Remarks at 8:45 a.m. by co-chairs Nammacher and Johnston, the 9:00 a.m. session will feature a panel discussion of Current Issues for Financial Reporting, hosted by Stamos Nicholas, Matthew Pinson, Arthur S. Miller, and Peter G. Wollmeringer.

Terry J. Allen will talk at 10:45, offering an Advanced Look at the Guideline Company Approach. After lunch and networking, Brenda K. Woolbert will discuss IRS Perspective: Appraisers and Their Valuation Responsibilities at 1:00 p.m.

At 2:00 p.m. Jim Hitchner will host Make Me an Offer I CAN Refuse: An Alternate Look at Current Views. Michael Tully will lead the closing seminar at 3:45 p.m. on Update: FASB Projects Applicable to Financial Reporting Valuation.

Complete seminar details (and a printable registration form) are available in the conference brochure. (PDF: 105 KB)

March Meeting -- Mock Trial:Divorce in New York in the 21st Century

2007-02-23T15:20:00.000-05:00

Co-sponsored by the Association of the Bar of the City of New York the March Mock Trial meeting will take place on Tuesday, March 13, 2007 in the landmark headquarters of the New York City Bar at 42 West 44th St, New York, NY 10036. Co-chaired by Alton L. Abramowitz, Esq. of Mayerson Stutman Aramowitz Royer LLP and Ronald M. Gold, ASA, the New York State Real Estate Appraiser, the meeting starts at 8:30 a.m. with a networking breakfast and ends with a Q&A period closing at 1:45 p.m. Called Divorce in New York in the 21st Century: "Who Gets What & How Much?", the mock trial features an expert panel of attorneys and ASA experts who will take you through a step-by-step analysis with expert testimony and cross-examination of New York City matrimonial dispute involving a number of assets.

The participants will include Justice Jacqueline W. Silbermann, Deputy Chief Administrative Judge for Matrimonial Matters, Administrative Judge Supreme Court, Civil Branch (photo right), several expert attorneys, and Bernard Sencer, ASA, of Sencer Appraisal Associates, Inc., Robert Simon, ASA, of Robert Simon Fine Art, and Charles Rosoff, ASA, of Appraisal Services Associates. This is an invaluable opportunity to learn first hand from tested and experienced valuation and litigation experts. The program qualifies for four hours of ASA Continuing Education Credit.

Mock Trial Agenda
8:30-9:00	Networking & Continental Breakfast
9:00-10:00	Preparing the Witnesses: A behind the scenes look at how the defendant's and plaintiff's lawyer prepare the witnesses.
10:00-10:15	Break
10:15-12:15	The Trial: Qualification of Witnesses Presentation of Facts of Each Case Analysis of Valuations by Business, Real Property, Machinery & Equipment, and Fine Arts ASA Appraisers Direct and Cross Examination of Witnesses Rebuttals
12:15-12:30	Break
12:30-1:30	Lunch with the Presiding Judge Judge's analysis of the experts and the attorneys Judge's decisions on valuation
1:30-1:45	Questions & Answers

Advance registration is advised; walk-in registration is available for an additional fee of $25. Additional information about the program, the fee structure for the live program, audiotapes, CDs, videotapes, DVDs, and materials only, and an application form is contained in the Mock Trial Brochure [PDF: 76 kb]. To register, mail the form to the New York City Bar, fax it to 212-869-4451 or call 212-382-6663.

December Meeting -- Happy Holidays!

2006-12-08T20:14:00.000-05:00

This year's holiday party will take place on Tuesday, December 12, 2006 at Connolly's Pub & Restaurant. Cocktails start at 6:00 p.m., dinner is at 6:30 p.m. Join us for our fourth annual joint meeting with the New York State Auctioneers Association, Inc., and bring a gift valued between $12 and $25 for the Goods & Services Auction. Your gifts will be auctioned with assistance from the NYS Auctioneers, with the proceeds going to charity. Everything's in place for a repeat of last year's outstanding Holiday bash -- and this year we'll have the room to ourselves -- so please RSVP promptly to Martin Lieberman, ASA by phone (212-375-6558), fax (212 375-6888), or email. Make your check payable to ASA NY Chapter #30 for $25 per person. Family and friends welcome. Reserve early. Space is limited.

November Meeting: Real Property

2006-10-14T14:54:00.000-04:00

The November chapter meeting will be held on Tuesday, November 14, 2006 at Connolly's Pub & Restaurant. The guest speakers will be Daniel Reardon, and Ronald M. Gold, ASA seen at right, who will talk about Charitable Contributions of Real Estate and Other Property: The Effect of New Federal Regulation H.R.4. Dan Reardon is a New York area manager for the National Architectural Trust, which works to preserve historic neighborhoods. Ron Gold, a Manhattan-based commercial and residential real estate appraiser, is an instructor for the Real Estate Board of New York and a popular teacher and lecturer, offering courses at The Learning Annex and other institutions. Messrs. Reardon and Gold will discuss pension reform bill H.R.4, which increases the tax incentive for conservation, in part by increasing the limits for conservation deductions. The bill also places new limits on facade easements, and mandates appraisal reforms. The program qualifies for one hour of ASA Continuing Education Credit. The Board Meeting is at 5:30 p.m.; networking mixer at 6:00 p.m.; dinner at 6:45 p.m. RSVP to Martin Lieberman, ASA by phone (212-375-6558), fax (212 375-6888), or email. Make your check payable to ASA NY Chapter #30 for $25 per person. Reserve early. Space is limited.

October Meeting: Personal Property

2006-10-11T11:20:00.000-04:00

The October chapter meeting will be held on Tuesday, October 10, 2006 at Connolly's Pub & Restaurant. The guest speaker will be Michael Mendelsohn, the president and founder of Briddge Art Strategies, Ltd., which specializes in art succession planning . Recently named a Top 100 collector by Art & Antiques Magazine, Mr. Mendelsohn, who is known both as a world-class collector and as an expert in structuring gifts for charities and family members, will talk about the Inheritance Planning of Art and Antique Assets. The program qualifies for one hour of ASA Continuing Education Credit. The Board Meeting is at 5:30 p.m.; networking mixer at 6:00 p.m.; dinner at 6:45 p.m. RSVP to Martin Lieberman, ASA by phone (212-375-6558), fax (212 375-6888), or email. Make your check payable to ASA NY Chapter #30 for $25 per person. Reserve early. Space is limited.

June Meeting: Installation Dinner

2006-06-02T15:03:00.000-04:00

The June chapter meeting will be held on Tuesday, June 13, 2006 at Connolly's Pub & Restaurant. Join us for the installation of the 2006-2007 Chapter Officers. Cocktails and networking start at 6:00 pm and will be followed by a sumptuous three course dinner. Enjoy an evening with friends, Connolly's great food, and an open bar. RSVP to Martin Lieberman, ASA by phone (212-303-1826), fax (212-755-5600), or email, or to Susan Killian at Rosen Seymour Shapss Martin & Company by phone (212-303-1885), fax (212-755-5600), or email. Make your check payable to ASA NY Chapter #30 for $25 per person. Reserve early. Space is limited.

P.S. ASA members please watch your email for the voting ballot which comes from the ASA National Office, and must be returned by June 12, 2006.

Current Topics in Business Valuations -- 2006

2006-05-03T06:34:00.000-04:00

The New York City Chapter of the American Society of Appraisers will sponsor the 14th Annual Current Topics in Business Valuation Seminar on Friday, May 5, 2006 from 8:45 a.m. to 5:00 p.m at the Doubletree-Metropolitan Hotel at 569 Lexington Ave (51st St), New York, NY 10022 .

The seminar, which qualifies for 8 hours ASA and CPE credit, covers the how-to aspects of unusual engagements and advanced aspects of evolving areas within the field. Co-chaired by Scott Nammacher, ASA and William Johnston, ASA, it's ideal for business appraisers and others at all levels. This year's seminar includes sessions on

Hot Topics in SFAS 141 Allocations
IRS Perspective: Current Valuation Projects and Issues
Determining Cost of Capital: Choices in Methods & Inputs
Update: SEC Perspectives on Financial Valuation
Allocating Value in the Complex Capital Structures of LBOs

The impressive line-up of speakers, panelists and topics promises a lively and informative day.

Registration fee for the seminar, with checks payable to "NYC Chapter of ASA," is $230 per person before May 2nd, $260 afterward. No refunds after May 1. RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124). Call the hotel at 212-752-7000 for accomodations. Details of the seminar and a printable registration form are available in the seminar brochure [47KB PDF].

March Meeting: Personal Property/Fine Arts

2006-02-23T20:26:00.000-05:00

The March chapter meeting will be held on Tuesday, March 14, 2006 at Connolly's Pub & Restaurant. The guest speaker will be art expert, auctioneer, and appraiser August O. Uribe, Senior Vice President for Impressionist and Modern Art at Sotheby's New York, who will talk about Trends in Impressionist and Modern Art. The program qualifies for one hour of ASA Continuing Education Credit. The Board Meeting is at 5:30 p.m.; networking mixer at 6:00 p.m.; dinner at 6:45 p.m. RSVP to Martin Lieberman, ASA by phone (212-303-1826), fax (212-755-5600), or email, or to Susan Killian at Rosen Seymour Shapss Martin & Company by phone (212-303-1885), fax (212-755-5600), or email. Make your check payable to ASA NY Chapter #30 for $25 per person.

Mr. Uribe is an active auctioneer and appraiser, presiding over sales in both the Decorative Arts and Paintings Divisions at Sotheby's, and appearing frequently on the PBS Antiques Roadshow broadcasts. A graduate of Princeton with a B.A. in politics and Latin American studies, Mr. Uribe, who is fluent in Spanish and Portuguese, is an enthusiastic promoter of Latin American culture. He is a frequent guest lecturer and panelist at museums and galleries both here and abroad. His talk will include a discussion of famous works up for auction, and of how to authenticate works of art. It's sure to be popular, so please reserve early as space is limited.

February Meeting: All Disciplines2006 Changes to USPAP

2006-01-28T20:49:00.000-05:00

The February chapter meeting will be held on Tuesday, February 7, 2006 at Connolly's Pub & Restaurant. The guest speaker will be Paula Konikoff, J.D., MAI, whose topic is 2006 Changes to USPAP: The Demise of Departure. The program qualifies for one hour of ASA Continuing Education Credit. The Board Meeting is at 5:30 p.m.; networking mixer at 6:00 p.m.; dinner at 6:45 p.m. RSVP to Martin Lieberman, ASA by phone (212-303-1826), fax (212-755-5600), or email, or to Susan Killian at Rosen Seymour Shapss Martin & Company by phone (212-303-1885), fax (212-755-5600), or email. Make your check payable to ASA NY Chapter #30 for $25 per person.

Paula Konikoff is an independent real estate appraiser and consultant whose practice focuses on the valuation of commercial, industrial and mixed use properties for litigation, arbitration and due diligence. An Urban Land Institute advisor, she is also Vice Chair of the Appraisal Standards Board (ASB) of the Appraisal Foundation. Ms. Konikoff, who holds a B.S. from Temple University and a J.D. from Villanova, will provide an overview of changes to the Uniform Standards of Professional Appraisal Practice (USPAP) for 2006. She will also give an update on the Scope of Work Project and other ASB activities.

USPAP Course

2006-01-28T12:23:00.000-05:00

Northern New Jersey ASA Chapter 73 will offer the 15 hour Uniform Standards of Professional Appraisal Practice (USPAP) course on Friday and Saturday, January 13 and 14, 2006 at the Meadowlands Plaza Hotel located at 40 Wood Ave, Secaucus, NJ 07094-2907 (Telephone: 201-422-0200). It will be conducted by noted ASA instructor, John D. Willey, FASA. For more information or to sign up for the course, please contact Regional Governor, Timothy Griffith, ASA by email or by telephone at 201-424-7330. Anyone requiring certification, or re-certification, should confirm attendance ASAP. Reserve early, space is limited!