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Course Detail: AAVA - Aviation Asset Valuation and Aircraft Appraisal
Overview
The Aviation Asset Valuation and Aircraft Appraisal Course focuses on the specifics of aviation asset valuations and appraisal methodologies used in the aviation industry, including the appraisal process, three approaches to value, aviation assets, and commercial aircraft valuation and securitization. The use of current readings, discussions, quizzes, and the solving of exercises and problems will be utilized throughout the course.
The Aviation Asset Valuation and Aircraft Appraisal Course can be taken independently, or toward the Certificate of Management in Aviation Accounting and Finance.
What You Will Learn
Upon completing this course, you will be able to:
- Explain the overall appraisal process
- Differentiate the definitions and uses of values
- Formulate the approaches to asset valuation
- Apply the generic valuation approaches to assets in aviation
- Justify the importance of valuation in aviation asset securitization
Key Topics
- Definitions and uses of values
- Aviation assets and securitization
- Commercial aircraft valuation
Learning Objectives
- Define an appraisal
- Examine the steps in the valuation process
- Contrast different types of appraisals
- Evaluate different definitions of values
- Describe the uses of values
- Apply appropriate value definitions to various appraisal assignment
- Describe the three approaches to value
- Describe the situations that make a particular approach to value the most suitable
- Explain different forms of depreciation
- Perform adjustments in the sales comparison approach
- Estimate the present value of cash flows in the income approach
- Describe assets in aviation and aerospace that require periodic appraisals
- Evaluate specific features of various aviation assets and required expertise for their appraisals
- Identify the most likely approaches to value when appraising different aviation assets
- Interpret the importance of maintenance status to aircraft value and perform maintenance-related adjustments
- Appraise definitions of commercial aircraft values used in the industry
- Interpret macroeconomic and aircraft-specific variables that affect the values of commercial aircraft
- Explain different types of commercial aircraft appraisals
- Evaluate the characteristics of EETC financing that enhance its performance
- Compare and contrast characteristics of EETC and Aircraft ABS
Who Should Attend
As aircraft appraisal and aviation asset valuation affects a variety of individuals and departments, professionals working in various capacities across the transportation industry can benefit from this knowledge including:
- CPAs
- Aircraft Appraisers
- Audit & Assurance Professionals
- CPAs
- Aviation Accountants & Accountants
- Insurance Professionals
- Aircraft Acquisition Managers
- Tax Professionals
- Finance Consultants
Continuing Education Units (CEUs)
Embry-Riddle will award the 4.0 Continuing Education Units (CEUs) to each attendee who successfully completes the course.
NASBA Continuing Professional Education
As of January 1, 2025, learners will earn 21.5 CPE credits in the National Association of State Boards of Accountancy (NASBA) Field of Study: Finance.Embry-Riddle Aeronautical University is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org
Course Format
Course delivery will be a Blended Learning offering including both asynchronous and synchronous components comprised of various instructional strategies, such as readings, narrated PowerPoint videos, discussion boards, and synchronous online meetings. The best of both worlds ~ an online asynchronous self-paced course with access to a subject matter expert. Program knowledge level is identified as basic, with no required advance preparation or prerequisites. Requirements include a reliable internet connection to access the course and its materials, access to Microsoft Excel or equivalent spreadsheet-creation software, and approximately 40 hours of study over four weeks.Registration Information
The preferred method of payment is credit-card at the time of registration. If you are paying by another method of payment (wire-transfer, employer voucher, check/PO), please 'Create Profile' from the left menu and then contact Daytona Beach ProEd to submit a registration request. Please note registrations are not guaranteed until payment is received in full.
Cancellation and Refund Policy
A cancellation charge of $50 will be assessed on any standard cancellations. A late cancellation charge of 25% of the course registration fee will be assessed on cancellations occurring within 14 days of the start of the course. For more information regarding administrative policies such as complaints and refunds, please contact our offices at 386 226 2983 or dbproed@erau.eduFor additional information, please review the detailed cancellation, deferment, no-show and refund policies.