February Meeting: Economic Outlook

The February chapter meeting will be held on Thursday, February 7, 2008 at the L'Olivier Restaurant. ASA members are invited to attend the Board of Directors meeting at 5:30 p.m. The Chapter meeting will get underway with a networking mixer at 6:30 p.m. Dinner is at 7:00 p.m. when the guest speaker will be Gary C. Zimmerman, a Senior Economist with the Federal Reserve Bank of San Francisco who will present a Regional Economic Outlook. Mr. Zimmerman's presentation will address various markets, and should be of interest to all appraisal disciplines, particularly now as the economy reels from the subprime mortgage debacle while careening into an uncertain Presidential election. The program qualifies for one hour of ASA Continuing Education Credit. Attendance certificates will be distributed during the program. All ASA members are invited. Dinner is $35 per person payable to "ASA"; your check -- no cash please -- can be brought to the dinner. Please RSVP promptly to Chapter President James E. McCann by email. Space is limited.

Advanced Business Valuation Conference

The 2007 ASA Advanced Business Valuation Conference will be held on Monday-Wednesday, October 29-31, 2007 at the Sheraton San Diego Hotel & Marina in San Diego, California. Offering up to 19.5 CPE credit hours and reaccreditation credits, plus optional workshops, the Conference sessions include:

• FASB Current Thoughts on Fair Value
• State of Business Valution
• Business Combinations under SFAS 141R
• SFAS 157, SFAS 159 and Beyond
• Company-Specific Risk: New Theories
• Estimating the Cost of Equity Capital
• Fairness Opinions: Issues and Analyses
• IP Valuation: A New Look
• Implementing 409A and SFAS 123R
• Discounts and Premiums
• Adjusting Multiples: Guideline Public Companies
• Advanced Modeling for Holding Company Valuation
• The Market Approach vs. The Income Approach
• Discount Rate in a Global Environment
• Discounts for Lack of Marketability
• Business Valuers and Financial Reporting
• IRS Wants to Help You Stay Out of Trouble
• The Business Appraiser as an Expert Witness

For additional information, to register for the Conference, or to sign up as an exhibitor, visit the 2007 ASA Advanced Business Valuation Conference website.

ASA International Conference

The 2007 71st annual International Appraisal Conference will be held in Hollywood, CA on July 15-18, 2007. Don't miss this opportunity to meet with appraisers from around the world in Los Angeles' most famous neighborhood, host to the Academy Awards, home to the Walk of Fame, and a popular destination for nightlife and tourism. Enjoy Hollywood while learning from seasoned appraisal professionals. Conference information is maintained on the national ASA website.

May Meeting: Professional Liability Exposure

The May chapter meeting will be held on Thursday, May 10, 2007 at the L'Olivier Restaurant. ASA members are invited to attend the Board of Directors meeting at 5:30 p.m. The Chapter meeting will get underway with a networking mixer at 6:30 p.m. Dinner is at 7:00 p.m. when the guest speakers will be Elizabeth Horn and Louis H. Castoria, Esq. Ms. Horn, who is Assistant Vice President & Practice Manager, D&O at Woodruff-Sawyer & Company, will present From the Appraiser's Perspective: Limiting Your Liability As An Expert. Mr. Castoria, who is a Partner in the San Francisco office of Wilson Elser Moskowitz Edelman & Dicker LLP, will discuss Who Can Sue a Forensic Expert? Why Professional Liability Happens. The presentations will focus on strategies to reduce the risk of professional liability exposure for appraisers operating in today's litigious environment. Ms. Horn and Mr. Castoria will provide insurance and legal perspectives to help identify and treat potential liability exposure. The program qualifies for one hour of ASA Continuing Education Credit. Attendance certificates will be distributed during the program. All ASA members are invited. Dinner is $35 per person payable by check (no cash please) to "American Society of Appraisers"; your check can be brought to the dinner. Please RSVP promptly to Chapter President James E. McCann by email.

March Meeting: Business Valuation

The March chapter meeting will be held on Thursday, March 8, 2007 at the L'Olivier Restaurant. ASA members are invited to attend the Board of Directors meeting at 5:30 p.m. The Chapter meeting will get underway with a networking mixer at 6:30 p.m. Dinner is at 7:00 p.m. when the guest speaker will be Melvin L. Weisblatt, Executive Director of the California Association of Business Brokers. Mr. Weisblatt's talk, A Business Broker's Perspective, will describe business brokerage, including the pricing of assets -- from real property, furniture, fixtures and equipment to goodwill. The program qualifies for one hour of ASA Continuing Education Credit. Attendance certificates will be distributed during the program. All ASA members are invited. Dinner is $35 per person payable to "ASA"; your check can be brought to the dinner. Please RSVP promptly to Chapter President James E. McCann by email.