Higher Education

American Appraisal assists higher education institutions and their affiliates in complying with the regulatory requirements of:

• A-21 (OMB Circular)
• A-110
• A-133
• GASB (for public institutions)
• FASB (for private institutions)
• ASTM standards for fixed asset management

Our valuation and consulting services assist institutions in meeting financial reporting, capital budgeting and risk management requirements.  Our reports comply with SSAE 16 audit requirements and have withstood external and internal audit review and scrutiny.

Who We Serve
American Appraisal provides services to the following educational institutions:

• Public universities
• Private colleges and universities
• Research institutions
• Academic medical centers

What We Do
We provide valuation and fixed asset management expertise in all classifications of tangible and intangible assets, including:

American Appraisal provides services for:

• Building componentization studies to assist research institutions with A-21 reimbursement by identifying and allocating construction/renovation costs and depreciation on a component basis
• Fixed asset inventory and reconciliation services
• Insurance placement and risk management
• Primary and secondary COPE data collection
• Outsourcing of fixed asset management services using our proprietary, SSAE 16-compliant e-PRAIS® system
• Fixed asset lifing reviews to determine useful lives for depreciation purposes in accordance with A-21
• Diagnostic studies to evaluate asset management processes and functions
• Analyses and recommendations to improve existing fixed asset reporting systems
• Tangible asset advisory, including valuations for donations and property tax purposes
• Allocation of purchase price for public acquirers

Recent Experience
American Appraisal’s recent and current industry experience includes:

• Fixed asset accounting, inventory and outsourcing services for a national leading research and teaching institution
• Property management and cyclical inventory consulting services for a prominent academic medical center
• Annual building componentization studies for nearly a dozen prominent public and private research universities
• Annual insurance appraisals of more than 50 North American universities that are members of a reciprocal insurance exchange
• Appraisals for building insurance purposes of dozens of affiliated members of risk pools
• Valuation of individual condominium units within a higher education campus for a school choice program

Industry Outlook
Public institutions have been affected more seriously than ever by recent economic conditions.  However, external and internal regulations require compliance, and all processes associated to effect that compliance, for public and private institutions.  Internal staffing continues to be reduced within the educational environment, increasing the need for external consulting and valuation services. American Appraisal is uniquely positioned with experienced consulting professionals to meet the various needs of all potential higher education institutions.

Why American Appraisal?
American Appraisal has extensive experience with A-21, A-110, A-133, GASB and FASB financial reporting requirements that affect private and public higher education and research institutions.  Our comprehensive analyses ensure that institutions meet regulatory guidelines and comply with reporting requirements.