Transactional Considerations for Equipment Appraisers
Today, more and more clients look to equipment appraisers [...]
NEBBI and NASBA
As a driving force within the accounting profession, the National Association of State Boards of Accountancy (NASBA) has been enhancing the effectiveness of the United States’ state boards of accountancy for more than 100 years. NASBA creates a forum for accounting regulators and practitioners to address issues relevant to the accounting profession. NASBA takes pride […]
Who Is Earning The Certified Machinery and Equipment (CMEA) Designation?
You may be surprised at some of the types of professionals who have expanded their service offerings by obtaining a certified machinery and equipment (CMEA) designation from NEBB Institute so they can add machinery and equipment appraisal to their service offerings. Here are some examples of the types of professionals who are adding the CMEA […]
Asset Liquidation
Are you a small business owner who has made the decision to liquidate your assets? If you’ve gotten to this point, there are many legal and financial matters that will need to be dealt with, including meeting with your attorney and accountant to make sure that you have all your ducks in a row. You […]
Growing Demand for Certified Appraisal Services
The key to any successful business is to find a void and fill it. To find a need and fill that need, machinery and equipment appraisal offers what other industries don’t, an attractive diversification that offers economic freedom. More importantly, a Certified Machinery and Equipment Appraiser (CMEA) professional designation eliminates a customer’s need to guess […]
As Manufacturers Shutter Their Doors, Appraisals Become That Much More Important
It may come as a surprise to many people that manufacturing is still the largest industry contributing to the United States gross domestic product. According to government numbers, manufacturing employs approximately 16.7 million workers, meaning that it is still an industry that needs attention. The size of industrial production and significance in the U.S. economy, […]
How Becoming a CMEA Can Benefit Your Business
Becoming a Certified Machinery and Equipment Appraiser (CMEA) has been a huge benefit to the business of Present Value LLC. The company has become more diversified by offering a full complement of appraisal services, including certified machinery and equipment appraisals. Chris Kinzie and Chris Spinelli, the owners of Present Value, share some of the benefits […]
Machinery and Equipment Depreciation
The word “depreciation” has different meanings, depending on the audience to whom you are speaking. In accounting, depreciation means the allocation of the cost of an asset over time. It’s a method of allocating the purchase price of an asset across its useful life, which takes into account normal wear and tear over the asset’s […]
Why Attorneys Need a CMEA
Attorneys frequently work on cases that involve the value of a business’ physical assets, such as machinery and equipment, but oftentimes rely on the client’s estimates, follow a depreciation schedule, or guess at their value rather than rely on a certified machinery and equipment appraisal. Even value estimates put forth by an uncertified auctioneer or […]
Why Business Owners Need a CMEA
At some point in every business owner’s career, he or she needs to know how much his or her machinery and equipment are really worth. But determining that value is something best left to the professionals. Why? Because the report that states the value can end up in the hands of a lot of entities […]
