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Should I have that appraised

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Before starting this self study program, please go through the instructional document.

Overview

  • What do you have?
    1 mins
  • What kind of Appraiser do you need?
    9 mins
  • How will an appraiser figure out the value of your items?
    12 mins
  • Will the intent of your appraisal need affect the valuation?
    16 mins
  • Should you consider insuring your more valuable items or am I covered?
    26 mins

Course Description

Whether it is for insurance, donation or estate settlement there is a lot to know, or take in to consideration. 

"Should I have that Appraised?"

Personal property appraisals are numerical opinions of value or cost of clearly defined articles of personal property as of a particular point in time.

Personal property can be depreciable or appreciable. Depreciable property decreases in value over time such as most automobiles, typical contemporary household furnishings or electronic equipment. Appreciable property is property that generally increases in monetary value over time such as fine art, antiques and collectibles.

This online CPE course will answer many of your questions and perhaps enlighten you to those you never even thought to ask. This CPE course will also provide details for those times when you, a client or a loved one, may or may not need a formal appraisal. 

Key topics covered in this online CPE webinar:

  • Do you need a formal written personal property appraisal?
  • What should you have appraised? 
  • What kind of appraiser do you need? 
  • How will an appraiser figure or calculate the value of your items? 
  • Will the intent of your appraisal needs affect the valuation?
  • Why you should consider insuring more valuable items?


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Learning Objectives

  • To discuss how a professional appraiser can provide the proper documentation?
  • To discuss specialist vs generalist appraiser
  • To determine the reason for appraisal
  • To determine if your general policy will cover you or you need to obtain an additional rider
  • To determine the asking price at time of sale

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA