With summer winding to a close, it won’t be long before kids will be heading back to school. And whether it’s kindergarten or senior year of college, everybody — hopefully — will be learning something new. What better time could there be to enroll in CMEA classes through the NEBB Institute? You can learn some […]
A divorce case in the North Dakota Supreme Court last year highlights the importance of working with a certified appraiser rather than someone who is not certified. The primary issue before the Supreme Court of North Dakota was the value of the husband’s orthodontic practice, in addition to spousal support issues. The court preferred the testimony […]
Answer: Yes! It is very important that the appraiser you choose has a professional designation to value your equipment. You can rely with confidence on a trained professional who is experienced in the ethics and reporting quidelines of USPAP. Gone are the days when a non-certified equipment appraisal will be accepted by governing authorities or […]
Lenders, CPAs, attorneys, courts, and others all demand a Certified Appraisal by a Certified Appraiser. If you want to make more money, increase business opportunities, get more auctions, overcome competition, and reduce the risk of liability, then you need to earn the CMEA professional credential. Here are three blog posts that explain more of the […]
It’s no secret that NEBB Institute is a staunch advocate for CMEA training. As a CMEA, you can make more money, increase business opportunities, get more auctions, overcome competition, and reduce the risk of liability. One of the things CMEAs do is prepare qualified equipment appraisal reports. But what are these reports, and what do […]
A few months back, we wrote about our exciting partnership with the Florida Auctioneer Academy. So far, we’ve had a great response! Auctioneers and appraisers who have earned the professional credential of Certified Machinery and Equipment Appraiser (CMEA) report a significant increase in their business. Many of your colleagues have found out that Certified Machinery and […]
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 […]
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 […]
The designation of Certified Machinery & Equipment Appraiser (CMEA) is awarded by NEBB Institute, the industry leader in USPAP-compliant Machinery & Equipment Appraisals. A CMEA undergoes comprehensive training on the approaches to value, depreciation, value determination, USPAP regulations, and ethics. A Machinery & Equipment Appraisal submitted by a CMEA will withstand scrutiny by the IRS, […]
The Appraisal Foundation, a not-for-profit organization that publishes Uniform Standards of Professional Appraisal Practice (USPAP), has released its fourth exposure draft of proposed changes to the upcoming 2012-2013 edition of USPAP. The exposure draft (a draft created to allow for public comments) was created by the Appraisal Foundation’s Appraisal Standards Board (ASB), which is composed […]
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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