Mike Scott Earns Accredited Equipment Appraiser (AEA) Designation

May 16, 2006 (PRLEAP.COM) Business News
Appraisal Services More Important Than Ever Knowing the value of your assets is important in any business. There are many reasons to have well-documented values for all your company assets. Whether you are looking for someone to appraise a single piece of equipment or an entire plant with a variety of machines, or you are a financial institution needing an appraisal as a basis for financing, a finding a qualified appraiser is very important. …an AMEA certified appraiser will answer the call and provide you with quality, accurate, reliable and ethical appraisal reports.



Mike Scott Earns Accredited Equipment Appraiser (AEA) Designation
If you need someone to appraise your industrial machinery and equipment, call on the services of an AMEA accredited or certified appraiser. AMEA appraisers have market experience. Accredited appraisers have a minimum of five years of experience, and certified appraisers have at least seven. Most have even more - much more.

That's years and years of buying and selling in the same marketplace where your problems must be solved.

AMEA's Code of Ethics and conformation with the Uniform Standards of Professional Appraisal Practice are your guarantee of integrity.



Mr. James M. Scott has been in the buying and selling of new and used equipment since 1987 to the present. The type of equipment include, machine shop, fabricating equipment, stamping equipment, forging equipment, screw machinery, material handling, foundry and mold, CNC equipment, computers.

He is presently Vice President of Scott Machinery & Supply, Inc., a Helena Alabama firm. He is active in buying and selling of used and new metal working machinery and accessories. He is active in buying and selling industrial plants. He served for two years as chairman of the Southeast Chapter of the Machinery Dealers National Association, served 4 years as a Board member of Machinery Information Services.

Those possessing the AEA designation are recognized in the used machinery and equipment industry, as well as by banks and lending

institutions, as the authority in providing professional, reliable and accurate appraisal reports on machinery and equipment.

In order to earn the Accredited Equipment Appraiser designation, Mr. Scott had to possess a minimum of three years experience in buying, selling, and/or appraising used machinery and equipment in the marketplace, pass the AMEA exam on technical and ethical issues and submit

and pass a review of an unidentifiable appraisal that complies with the AMEA Standards and Procedures of Professional Appraisal Practice.

Retention of the AEA certification includes the completion of 70 hours of continuing education every five years, successful appraisal review every two years, complying with all Standards and Procedures of Professional Appraisal Practice, and current and testing as specified by USPAP renewal policies