2012-2013 USPAP Update Course now ONLINE! Appraisal Course Associates announces that the 2012-2013 edition of it's highly-acclaimed online USPAP Update Courses is now online and available for all personal property appraisers.
News-Antique.com - Jun 23,2012 - Appraisal Course Associates (ACA) has announced that its 2012-2013 USPAP Update Course is now available online as continuing education for personal property appraisers who have completed the 15-hour National USPAP course during 2010 or 2011 or for appraisers who have kept current with previous USPAP update courses.
Also available are online USPAP update courses for personal property appraisers who last took the 15-hour National USPAP course between 2006 and 2009.
All of ACA's online USPAP update courses are equivalent to The Appraisal Foundation's 7-hour National USPAP Update Course. As such, they have no exam.
ACA is a leading developer of USPAP-centric instructional books and courses for the personal property appraiser, and is recognized by The Appraisal Foundation as an approved USPAP course provider for personal property appraisers.
"The availability of these courses greatly facilitates appraisers satisfying the USPAP requirement that they maintain currency in USPAP," said course author and AQB-certified USPAP instructor, Bill Novotny. “What many appraisers fail to understand is that they are obligated to comply with the current requirements of USPAP whenever they are acting as an appraiser. Without knowing and understanding the most recent changes, the appraiser is unable to comply and is at great risk of violating USPAP," he continued.
Novotny points out that The Appraisal Foundation's Appraisal Qualification Board (AQB) has addressed the importance of appraisers attending a USPAP update course every two years by stating that the 7-hour USPAP update course should focus not only on the changes that were incorporated into the new USPAP, but also on certain issues that more experienced appraisers frequently encounter in appraisal practice—specifically, on certain issues that are relevant to the changes. ACA's USPAP update courses also focus on general appraisal requirements that are frequently confusing or improperly applied by appraisers or that are misunderstood by typical users.
The AQB has stated that the USPAP update course "... concentrates on the most recent changes to USPAP, common problem areas, and application of USPAP to real world situations. This course is appropriate for practicing appraisers who already have a baseline understanding of USPAP, but need to be apprised of recent developments and updates affecting their appraisal practice. The 15-hour National USPAP Course is geared to the beginning appraiser who has a limited understanding of USPAP. The coverage and treatment of changes or emerging issues is not the focus of [the 15-hour] course; thus it does not meet the educational objectives of the 7-Hour course." (AQB Q&A June 2010)
ACA Online USPAP Update Courses meet the educational requirements of The Appraisal Foundation for non-real property online courses, and they closely follow the topics and structure of the TAF's 2012-2013 "7-hour National USPAP Course Student Manual."
Three update courses are now available from ACA:
1. one for the appraiser who last completed the 15-hour National USPAP Course in 2006 or 2007;
2. one for the those who last took USPAP in 2008-2009; and
3. one for those who last took USPAP in 2010-2011