Syllabus ACA Online USPAP Update Course (2010 version) Contact Information William M. Novotny, ISA AM, GCA is your instructor and the developer of the course content. Bill is an AQB-certified National USPAP Course instructor. Contact Bill for questions regarding course content: findvalu@aol.com (626) 292-2224 Website link Assisting in the course design and online course is appraisal course development specialist David J. Maloney, Jr., ISA AM, author of Appraising Personal Property: Principles and Methodology, 3nd Edition (Appraisers Press 2009) and the Complete Online Course in Personal Property Appraising. Contact Dave for questions regarding course administration, logging in, web issues: dave@maloney.com (301) 228-2279 Website link Introduction This ACA Online USPAP Update Course (2010 version) focuses on the new changes that were incorporated into the 2010-2011 edition of USPAP. The course follows the format of, and the material contained in, The Appraisal Foundation's (TAF) 7-Hour National USPAP Update Course Student Manual which focuses on appraising real property. ACA’s online USPAP update courses, on the other hand, focuses exclusively on the appraisal of personal property. IMPORTANT: Since this course contains only those changes that were incorporated into the 2010-2011 edition of USPAP, it should only be taken by students who completed the 15-hour National USPAP Course in 2008 or 2009. Such students must take two courses to become current through Dec. 31, 2013. You must first register for and take the ACA Online USPAP Update Course (2010 version) ($75) which includes a review of USPAP changes that were incorporated into the 2010-2011 edition of USPAP. After completing this course, register for and take the 2012-2013 ACA Online USPAP Update Course (2012 version) ($225) in order to become current in USPAP through December 31, 2013. When both courses have been completed, a course completion certificate will be issued. To register for these courses, go here.
Course Objectives The objective of the ACA Online USPAP Update Course (2010 version) is to make the appraiser aware of changes that were incorporated into the 2010-2011 and subsequent editions of USPAP and to help the student better understand and apply USPAP in daily practice. This is accomplished by making use of USPAP’s Q&A, FAQ, case studies and real world scenarios to explain frequently misunderstood USPAP issues and how to overcome frequently encountered appraisal practice problems (see Objectives) Course Developers This course has been developed by AQB-Certified USPAP instructor William M. Novotny, ISA AM, GCA, in association with his Appraisal Course Associates (ACA) partner, David Maloney, Jr., AOA CM. In 2002, Novotny became the first personal property appraiser to receive an AQB certification as a National USPAP instructor. Since that time, Novotny has remained certified as an AQB USPAP Instructor. He has presented the 15-hour National USPAP Course annually to large classes of personal property appraisers from many specialties, including business appraisers. Currently he is certified through 2012. Click here for an explanation by Bill Novotny of the important role USPAP plays in the appraisal process and what the client should expect from the generalist personal property appraiser they hire. David Maloney assisted in the development of this online course by his substantial editorial support and by creating and administrating the online design of this course. His expertise with course educational requirements was instrumental, as was his editing assistance, course material organizational skills, and online course design efforts. I wish to thank him and recognize his considerable support and assistance in these specific roles as coauthor. Prerequisites Before taking this version of ACA’s online USPAP update courses, students must first have successfully completed the 15-hour National USPAP Course during 2008 or 2009 and passed the AQB course exam. The purpose of this ACA USPAP update course is not to introduce the student to USPAP, but rather to provide an update so that the student/appraiser can become informed of his or her current USPAP obligations and can apply the requirements of USPAP to daily practice. Course Fee The fee for the ACA Online USPAP Update Course (2010 version) is $75 (price reduced as of Jan. 1, 2012) plus the cost of the required USPAP book. Required Textbook The 2010-2011 edition of the USPAP document (available for purchase at http://netforum.avectra.com/eweb/Shopping/Shopping.aspx?Cart=0&Site=taf ) is required for this course. Please note that it is very important to have the USPAP book with you as you proceed through this ACA online USPAP update course, so have the book in-hand before registering for this course. TAF's 7-Hour Update Course Student Manual is not required for this course. Course Duration Though this course can be completed within seven hours. However, registration entitles the student to access to this course for a one-month period. Students are encouraged to apply themselves diligently in order to complete the online requirements within this one-month period. Students may request a one-time, one-month extension period for a fee of $50. Here are some tips for online success. Refunds A refund in full will be made if a written request for a refund is received at info@appraisalcourseassociates.com within seven (7) days of initial registration. Finding Your Way Around Once registered, do not hesitate to poke around the various links. Get to know this web site. Be sure to read the site Users' Guide. Lesson Requirements Each Part of this course is comprised of a series of lessons containing learning material that is comparable to that found in The Appraisal Foundation's 7-hour National USPAP Update Course Student Manual. Lessons include self-assessed questions as well as reading assignments taken from USPAP, FAQ, Real World Scenarios, and Q&A. The student’s time and activity are recorded online and can be monitored online by the instructor. Testing This course has no exams or final projects. However, lessons do contain periodic multiple-choice, self-assessed questions that will test your understanding of the material. While your answers to these questions have no impact on whether or not you pass this course, they will help you better understand and retain the covered material. Your answers will also allow the instructor to gauge your progress and help ensure that you properly completed the course. Communication Students are welcome to take advantage of the course Discussion Forum to share information and ask questions regarding the course material with the instructor and other students. Students are also welcome to contact the instructor via email should the need arise. Certificates Upon completion of the course graduates will be awarded a Course Completion Certificate from Appraisal Course Associates. Continuing Education Upon completion of this online course, Appraisal Course Associates recommends that professional associations and societies credit the student with ten contact hours (1 CEU). Graduates of this online course will have been exposed to a greater amount of material (including bonus material and self-assessed testing) than would be the classroom student. |
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