Eligibility

Education and Experience

You must fulfil one of the three following criteria;

• Completion of an API CPV accredited degree (or assessed equivalent overseas academic qualification) and 2 years Approved Professional Experience gained in the past 4 years 
• Completion of a partially qualifying degree (e.g., Property, engineering, commerce/economics, finance, building and construction, and business (reviewed on a case by case basis), and 3 years Approved Professional Experience gained in the past 6 years
  
• Experience Pathway – Evidence of 10 years Approved Professional Experience in the valuation of plant and machinery 

Additionally

• Completion of the prescribed American Society of Appraisers courses
  • ME201–Introduction to Machinery and Equipment Valuation   
  • ME202–Machinery and Equipment Valuation Methodology   
  • ME203–Advanced Topics and Case Studies  
  • ME204–Machinery and Equipment Valuation– Advanced Topics and Report Writing  

• Completion of the most recent 
  • International Valuation Standards 
  • Ethics and Rules 
  • Risk Management Module  

• Submission of an experience journal outlining two years full-time Plant & Machinery Valuation experience gained in the past four years (of 3 years gained in the past 6 if degree is partially qualified)  
• Submission of three referee reports
• Submission of three Assessment Reports with all reports to be dated no earlier than 12 months of the submission date, of differing plant and machinery, demonstrating differing valuation methodologies 
• Successful completion of a Professional Interview   

Application Process

Payment of $160 application fee prior to assessment.

Online application including:

• Full completion of the API Profile 
• Upload all required documentation
• Copy of degree certificate and/or Academic Transcript, ASA Course completion, CV demonstrating 10 years of experience (for Experience Pathway only)
  • Experience Journal demonstrating two years’ full-time experience 
  • 3 Referee Reports
  • 3 Report Samples including Letters of Certification and Field Notes
• Completion of Member Declaration
• Completion of API report review and professional interview process 

Membership is active once the application has been completed in full, approved and the fee paid. 

Where can Plant & Machinery Valuation take me?

Plant & Machinery Valuation underpins financial transactions in a range of industries and forms an important part of corporate balance sheets.

Enquire today

Email [email protected]