Given a choice, anyone putting their business on the line would prefer working with a certified professional.
We talk a lot in this blog about how important it is to get a certified appraisal. That’s why we’re always pointing you in the direction of Certified Machinery & Equipment Appraisers (CMEAs).
A CMEA is a certification awarded by NEBB Institute, making us confident that an appraiser has undergone comprehensive training on the approaches to value, depreciation and value determination. What’s more, CMEAs adhere to USPAP regulations and a stringent code of ethics. Finally, an appraisal submitted by a CMEA is expected to withstand scrutiny by the IRS, courts, CPAs, and others.
But if there are Certified Machinery & Equipment Appraisers, are there Uncertified Machinery & Equipment Appraisers or UMEAs? That would be a terrible title to carry around! No, there are no UMEAs. There are, however, Machinery & Equipment Appraisers (MEAs).
The MEA credential, though similar to CMEA, is not the same as a Certified Machinery & Equipment Appraiser. An MEA is only authorized to analyze and consult when it comes to a machinery and equipment appraisal.
The Advantage of Continuous Professional Training
It is difficult to assess the true worth of professional development. However, some advantages of professional education outweigh the disadvantages.
The truth is, professional development has always been beneficial to employees in both job retention and career progression. Continuous professional training and development training can help employees build a better foundation for career success.
There are many ways that professional development can benefit you, whether you are looking to develop a new skill, hone your existing skillset, or improve on current skill sets. By engaging in professional development courses, you can ensure that you are enhancing your employability and advancing your career at the same time.
The NEBB Institute endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network and certifies professionals in the art of machinery/equipment appraisal and brokerage.
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