Part of NEBB’s mission is to provide initial and monthly comprehensive education and training. Our certified machinery and equipment appraisal (CMEA) training incorporates the art and science of machinery and equipment appraisals. NEBB Institute provides certification to professionals in the art of machinery/equipment appraisal and brokerage, a dynamic international network, and ongoing support. We provide […]
Before a business owner gets his or her assets appraised for insurance, sale or before the sale of a business, there are a few things the owner should do to make sure that the appraisal process goes well. Make Lists – Write down each piece of equipment that should be appraised. If you have serial […]
An error in judgment in appraising machinery and equipment can be costly. You should have confidence that the values are true and are backed by evidence to support the fair market value, orderly liquidation value, or forced liquidation value. You need to make sure that your machinery and equipment appraisal report will hold up under […]
With the International Auctioneers Conference and Show right around the corner, we’d like to highlight an example of an auction taking place in a couple of weeks. There’s a restaurant in California that closed due to slow business, and all of its equipment is going to auction. Up for auction will be furniture, food […]
All Certified Machinery & Equipment Appraisers (CMEAs), who are certified by the NEBB Institute, undergo comprehensive training on the approaches to value, depreciation, value determination, USPAP regulations, and ethics. The CMEA is a professional designation, and the field of certified appraisal is growing rapidly. At the NEBBI, we decided to take the field to the […]
Within the Uniform Standards of Professional Appraisal Practice (USPAP), there are two distinct types of assumptions when it comes to appraisal: extraordinary assumptions and hypothetical assumptions. Extraordinary assumptions are assumptions directly related to a specific assignment which, if found to be false, could alter the appraiser’s opinions or conclusions. Extraordinary assumptions presume as fact otherwise […]
The MEA ReportWriter is cloud-based software that seamlessly, effectively, and efficiently helps CMEAs create certified reports in a fraction of the time it takes to draw up traditional reports.
From time to time, we use this blog to spotlight a NEBB Institute member and show you what they bring to NEBB, as well as what they get out of it. To continue with these profiles, meet Chris Spinelli, NEBB Institute member and co-owner of Present Value LLC. […]
Ever wonder about becoming a Certified Machinery and Equipment Appraiser (CMEA)? Contact us to see if becoming a CMEA may be perfect for you. You’ll receive a 14-page comprehensive Preview Pak for the NEBB Institute, and you’ll discover why the CMEA professional designation could be both important and beneficial to you and your business. Professionals […]
Just as it’s important for a child to learn his or her ABCs, it’s important to know the ABCs of certified appraisals. Accuracy A certified appraiser will determine which valuation standard will be applied to deliver the most accurate appraisal for a client’s unique situation. Standards include fair market value, liquidation value, scrap value, and […]
NEBB Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The National Equipment & Business Builders (NEBB) Institute provides initial and monthly comprehensive education, on-going support, a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal and brokerage.
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