USPAP McKissock exam USPAP McKissock Exam
Coverage Outline;
Purpose and Structure of USPAP
Definitions (Intended Use, Intended User,
Assignment Results, Scope of Work)
Ethics Rule (Conduct, Management,
Confidentiality, Record Keeping)
Record Keeping Rule (Workfile
Requirements & Retention Period)
Competency Rule
Scope of Work Rule (Problem Identification
Steps)
Jurisdictional Exception Rule
Standards 1 & 2 - Real Property Appraisal
(Development & Reporting)
Standards 3 & 4 - Appraisal Review
,Standards 5 & 6 - Mass Appraisal
Standards 7 & 8 - Personal Property
Appraisal
Standards 9 & 10 - Business & Intangible
Asset Appraisal
Certification Requirements
Appraisal Report vs. Restricted Appraisal
Report
Confidentiality & Disclosure Requirements
Bias, Advocacy, and Independence
Advisory Opinions (Application Guidance)
Frequently Asked Questions (USPAP
Clarifications)
Current USPAP Cycle Updates
Scenario-Based Application Questions
(Most Tested Area)
, Which Foundation board is Appraisal Standards Board (ASB)
responsible for USPAP?
Which entity appoints members Board of Trustees (BOT)
of the AQB and ASB?
Qualification criteria for Appraiser Qualifications Board
appraiser certification and
recertification are disseminated
to state appraisal board by the?
Which entity is responsible for Appraiser Qualifications Board (AQB)
establishing education and
experience requirements for
licensing and certification of
appraisers?
Coverage Outline;
Purpose and Structure of USPAP
Definitions (Intended Use, Intended User,
Assignment Results, Scope of Work)
Ethics Rule (Conduct, Management,
Confidentiality, Record Keeping)
Record Keeping Rule (Workfile
Requirements & Retention Period)
Competency Rule
Scope of Work Rule (Problem Identification
Steps)
Jurisdictional Exception Rule
Standards 1 & 2 - Real Property Appraisal
(Development & Reporting)
Standards 3 & 4 - Appraisal Review
,Standards 5 & 6 - Mass Appraisal
Standards 7 & 8 - Personal Property
Appraisal
Standards 9 & 10 - Business & Intangible
Asset Appraisal
Certification Requirements
Appraisal Report vs. Restricted Appraisal
Report
Confidentiality & Disclosure Requirements
Bias, Advocacy, and Independence
Advisory Opinions (Application Guidance)
Frequently Asked Questions (USPAP
Clarifications)
Current USPAP Cycle Updates
Scenario-Based Application Questions
(Most Tested Area)
, Which Foundation board is Appraisal Standards Board (ASB)
responsible for USPAP?
Which entity appoints members Board of Trustees (BOT)
of the AQB and ASB?
Qualification criteria for Appraiser Qualifications Board
appraiser certification and
recertification are disseminated
to state appraisal board by the?
Which entity is responsible for Appraiser Qualifications Board (AQB)
establishing education and
experience requirements for
licensing and certification of
appraisers?
