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The Distinction Between MEA and CMEA

March 31, 2011
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The designation of Certified Machinery & Equipment Appraiser (CMEA) is awarded by NEBB Institute, the industry leader in USPAP-compliant Machinery & Equipment Appraisals.

A CMEA undergoes comprehensive training on the approaches to value, depreciation, value determination, USPAP regulations, and ethics. A Machinery & Equipment Appraisal submitted by a CMEA will withstand scrutiny by the IRS, courts, CPAs, and others.

The MEA designation, however, is not the same as a Certified Machinery & Equipment Appraiser.

The professional designation of the more than 300 CMEAs within the SBA Membership Directory should not be confused with a MEA professional designation following a member’s name.

A Senior Business Analyst (SBA), a title conferred by the International Society of Business Analysts, displays the credential of MEA but is neither authorized nor trained to submit a USPAP-compliant Certified Machinery & Equipment Report that is defensible and will hold up to scrutiny. An MEA member is only authorized to analyze and consult concerning a machinery and equipment appraisal.

Make sure you’re dealing with a CMEA when having your machinery or equipment appraised.

The NEBB Institute endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal and brokerage.

By: NEBB Institute

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