May Meeting: Art, Cocktails & CE Credit at the Barnes

The May Meeting of the ASA Philadelphia Chapter will be held on Wednesday, May 20, 2015 at the Barnes Foundation at 2025 Benjamin Franklin Parkway (at 20^th St) in Philadelphia. The Board of Directors will meet at 5:30 pm. All ASA members are welcome. The general meeting will begin at 6:30 with a cocktail hour featuring hors d’oeuvres and an open bar. A guest speaker will provide a Curator’s Talk about the rare and unique items from the Collection. The Chapter will have access to the Collection until the museum closes at 9:00 pm.

The Barnes Foundation was established by Albert C. Barnes in 1922 to promote the advancement of education and the appreciation of the fine arts and horticulture. The Barnes holds one of the finest collections of Post-Impressionist and early Modern paintings, with extensive works by Pierre-Auguste Renoir, Paul Cézanne, Henri Matisse, Pablo Picasso, Henri Rousseau, Amedeo Modigliani, Chaim Soutine and Giorgio de Chirico, as well as American masters Charles Demuth, William Glackens, Horace Pippin and Maurice Prendergast, Old Master paintings, important examples of African sculpture and Native American ceramics, jewelry and textiles, American paintings and decorative arts and antiquities from the Mediterranean region and Asia.

Space is limited, so please register early for this entertaining and educational evening which qualifies for 2 hours credit toward ASA reaccreditation. Do bring a guest to this special event!

The cost, including the cocktail hour and admission to the Collection, is $50 per person for members and guests, $28.00 if you have the 5-meal plan. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35. Please RSVP and/or make payment by Thursday, May 14, to Executive Secretary Joanne Paciello by mail to 8 Terrace Rd, Plymouth Meeting, PA 19462, email, phone (610-277-1366) or fax (610-277-1366).

Parking and public transportation.
Get more information on parking and public transportation on the Barnes Foundation’s Getting Here page.

Business Valuation Seminar: April 2011

The Philadelphia Chapter of the American Society of Appraisers (ASA) will hold its annual Business Valuation Seminar at the Doubletree Guest Suites Hotel in Plymouth Meeting, PA on Friday, April 29, 2011.  The program includes sessions focused on limited partnership valuation, private cost of capital, financial fraud and its impact on business appraisal, recent important court decisions affecting business appraisal, and a panel discussion of matrimonial law appraisal.

James R. Park, ASA, a partner in the San Antonio, TX firm of Munroe, Park & Johnson, Inc., will discuss "Valuing Limited Partnerships" from 8:30 to 9:30 am, exploring both income and market approaches. He will also talk about recent litigation of family limited partnerships, including his own experiences. Mr. Park was graduated from Texas A&M University with a BBA in Finance and contributed to the Comprehensive Guide for the Valuation of Family Limited Partnerships and other publications. More in his resume.

Robert T. Slee, President of the Charlotte, NC firm of Robertson & Foley, will talk about "The Private Cost of Capital," a discount rate model that measures private company risk. He will talk from 9:30 am to 12:15 pm, with a 15-minute break at 10:45 am. Mr. Slee, who has an MA from the University of Chicago and an MBA from Case Western Reserve University, founded MidasNation, a community dedicated to helping owners increase the value of their businesses. He is the author of over 200 journal articles and several books, the most recent of which is Midas Marketing: How Midas Managers Make Markets.

David Duffus, a Partner in ParenteBeard's Forensic, Litigation and Valuation Services group, will talk from 1:15 to 2:30 pm about "Financial Statement Fraud, including recent statistics, typical schemes, and the impact on business valuation. A Certified Public Accountant with an MBA in Accounting and Finance from the University of Pittsburgh, he specializes in complex litigation services, forensic accounting and valuation services assignments. Mr. Duffus, who joined ParenteBeard from PricewaterhouseCoopers, is a frequent speaker on fraud and its economic damages.

John Barton, ASA, President of the Lyndell, PA firm of Brandywine Valuation Consultants, LLC., will review "Recent Valuation Cases," primarily US Tax Court and Court of Appeals decisions in estate, gift tax and equitable distribution cases in PA and NJ from 2:30 – 3:25 pm.  Mr. Barton holds an MBA from LaSalle in Finance and Accounting, and is a specialist in the analysis of closely-held stock, preferred stock, intangible assets, and debt securities. He has taught business valuation courses for ASA, Big Four accounting firms, the IRS, and at Villanova University, and has appeared as an expert witness in PA, NJ, and FL courts and in US Federal District Court.

Gary Friedlander, Esq., ASA, will lead a panel discussion from 3:40 to 4:40 pm on "Matrimonial Law Appraisal Practice." Mr. Friedlander's Norristown, PA practice concentrates on family law and the valuation of closely held corporations and professional practices. He holds an MBA from Drexel University and took his JD from the Villanova University School of Law. He is a member of the Pennsylvania and Montgomery County Bar Associations and is a participant in their family law sections.

 

Program Schedule
Registration, Buffet Breakfast	8:00 am-8:30 am
Morning Session*	8:30 am-12:15 pm
Lunch	12:15 pm-1:15 pm
Afternoon Session*	1:15 pm-4:40 pm

*Morning and Afternoon Sessions include Refreshment Break

 

Early Registration	Register by March 25
ASA Members	$270
All others	$295
Regular Registration	Register after March 25
ASA Members	$295
All others	$320

 

Additional Information. The program qualifies for eight hours of Continuing Education Credit (CEC) for ASA members and for members of other professional organizations which recognize NASBA credit. A seminar brochure, including additional information, biographies of the presenters, a registration form, refund and cancellation policies is available in PDF format [131 KB]. For all other questions, including CEC eligibility for your organization, please contact the seminar organizer, Bob Haas at rhaasjr@rmha.com or (215) 887-6500, or Joanne Paciello at asaphiladelphia@verizon.net.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail to Executive Secretary Joanne Paciello, 8 Terrace Road, Plymouth Meeting, PA 19462.  Please note that seating capacity is limited.

March: 7-Hour National USPAP Update Course

The Philadelphia Chapter of the American Society of Appraisers will sponsor an all-discipline National USPAP 2010-2011 7-hour Update Course on Wednesday, March 23, 2011 from 9:00 am to 5:00 pm.  The course will be held at the Marriott SpringHill Suites, 430 Plymouth Rd, Plymouth Meeting, PA 19462 (Phone: 610-940-0400), which provides ASA members and those taking the USPAP class with discounted rates as low as $139/night if reserved by 2/28/11. (Map) The instructor will be Robert J. Luciani, ASA.

The National USPAP Update Course is a one-day course that focuses on recent changes to USPAP requirements for ethical behavior and competent performance by appraisers.  This course, which clarifies several commonly misunderstood aspects of USPAP, will aid appraisers in all areas of appraisal practice seeking updated USPAP competency, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers.

The cost of the 1-day course is $125 per person if paid by check, $129 if paid online, and includes a student manual, coffee breaks and snacks.

Seating is limited, so please register early for the course, which meets the USPAP continuing education requirements for most appraisers, including the ASA requirement of one 7-hour USPAP update course every five years for accredited (AM, ASA, FASA) appraisers.

To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, otherwise please make checks payable to ASA Philadelphia Chapter 35 and mail to Executive Secretary Joanne Paciello, 8 Terrace Rd, Plymouth Meeting, PA 19462.  RSVP by email, phone (610-277-1366) or fax (610-277-1366).