Book 4 - Appraisal Institute of Canada

More documents

Recommendations

Info

P r o f e s s i o n a lQ u a l i f i c a t i o n sa n d c o m p e t e n c yB y B r a d B r e w s t e r , A A C I , P. A p pM e m b e r , P r o f e s s i o n a l Q u a l i f i c a t i o n sa n d C o m p e t e n c y C o m m i t t e eBank appraiser lists30C a n a d i a nAppraiserVolume 51 • book 4 • 2007EvaluateurC a n a d i e nhe Appraisal Institute ofCanada (AIC) has workedpersistently over the pasttwo decades to increasethe professionalism of its members.As members of the profession, weall have profited from the sometimesdifficult, but nevertheless beneficialprocess of increased educationaland applied experience requirementsnecessary to obtain and maintain ourdesignated member status.The CRA and AACI designations arewell recognized nationally, and most,if not all, major (national) users of ourservices appreciate and understandthat the members using these designationsare well trained, and haveachieved a high level of education andapplied experience necessary to begranted the use of the designations.The marketing initiative that is underwaynationally will further enhance thepublic perception of our members andthe skills we have to offer.Other professions have alsoincreased the educational requirementsof their members. I am suremost of us would agree that (forexample) the skills and abilities ofmembers of the accounting industryare much more diversified andenhanced from those of, say, 20years ago. For these organizations, asfor our own, much of this evolution isdriven by changing and increasinglycomplex economics, as well as otherfactors.It has long been a concern of somemembers of our organization that, incertain cases, national and regionalusers of our services have ‘lists’naming approved service providersof valuation services. Admittedly, thiscan be a cause for concern when, forexample, a client uses our services toget a valuation of a property completedand tells us that the appraisalis going to be used to obtain mortgagefinancing on the property, butthe financial institution has not yetbeen selected. To indicate to such aclient that the finished appraisal maynot be acceptable to certain financialinstitutions can be a source of angstfor sure, and may even raise questionsabout the credentials of theindividual completing the work.As our clients andthe public begin tobetter understand thebreadth and depth ofour experience andeducation, they willincreasingly trust theservices of our memberson a broad basis.However, it remains the right of acustomer or user of our services toobtain professional services from individualsthey have specifically selected.I do not think most of us would seriouslyquestion the credentials of anaccountant with a CA or some otherprofessional accounting designation.We trust the organizations towhich such individuals belong to grantdesignations only to those who havecompleted the necessary requirements.However, we retain the rightto base the reasons for our selectionsof professional service providers on avariety of factors, including a personalrelationship, referral from others weknow, or even, in some cases, theprice of their services.We are aware that there are storiesof individuals within our own organizationwho have provided less thanexemplary service to clients. Whetherwe want to admit it or not, this hascontributed to the creation of ‘banklists.’ In general, to be approved forsuch a list, an individual must submita number of samples of his or herwork, agree to certain requirementsof the financial institution for valuations(always within the parameters ofCUSPAP, of course), and form somesort of dialogue or relationship withthe client to discuss completed workwhen necessary. Is this an unreasonablerequirement?As an organization, we need tocontinue to support the AppraisalInstitute of Canada in its current,ongoing marketing initiative. As ourclients and the public begin to betterunderstand the breadth and depth ofour experience and education, theywill increasingly trust the services ofour members on a broad basis.Professional Qualificationsand Competency CommitteeAnna Meckling, AACI, P. App– ChairSteve Kelly, AACI, P. AppBrad Brewster, AACI, P. AppRoland Mayr, AACI, P. AppRobert Tipple, AACI, P. AppSuzanne Teal, Executive Director,AB AICTo contact this committee email:pqcc@aicanada.ca
P r o f e s s i o n a la f f a i r sB y G o r d o n J . T o m i u k , A A C I , P. A p pC h a i r , P r o f e s s i o n a l A f f a i r sC o o r d i n a t i n g C o m m i t t e eContinuous improvementis good for the organizationand for membershis is not anotherarticle about thetechnicalities of theContinuing ProfessionalDevelopment (CPD) program, butrather one that addresses thelearning process or continuousimprovement. The ProfessionalAffairs Coordinating Committee(PACC) objective is the ongoingreview of the ProfessionalPractice Process to establishwhat is working and what mightneed improvement. The conceptof continuous learning or lifelonglearning is the foundationfor AIC’s CPD program, whichacknowledges the imperative oftoday’s marketplace where allprofessionals are expected tomaintain professional competencythrough systematic continuingprofessional development.PACC is the mechanismwhereby AIC continuouslyimproves upon its own programsand the professional practiceprocess. PACC listens to adviceand recommendations from thechairs of the professional practicecommittees, with a view tofinding effective and cost efficientprocesses.To be sure, PACC is alsocontinuously reviewing theimplementation of the Regulations’amendments to ensure thatthey are being implemented in amanner consistent with the intentof the national policy. A recentexample was the clarificationin the Regulations regarding‘Suspension,’ in that it could beinterpreted as either a suspensionof designation and/or suspensionof membership in the AIC.The concept ofcontinuous learningor life-long learningis the foundation forAIC’s CPD program.However, this does not meanthat PACC deals only with theimprovement of the professionalpractice process. Sometimes,it may be that input suggests acommon theme has arisen whichwarrants clarifying amendments tothe Canadian Uniform Standardsof Professional Appraisal Practice(CUSPAP). The committee chairsbring their unique perspective oncomplaints to the table, commonissues are discussed, and theyare referred to an appropriatecommittee for follow-on action.New initiatives are alsoconsidered. For example, atthe most recent meeting, PACCdiscussed the concept of peerreview and how it might beadopted for use in the professionalpractice process. Peer review hasbeen an option available to theCounsellor Professional Practiceand the Investigating Committee;however, there has not been anational peer review process inplace for referring complaints thatemerge from the professionalpractice process. PACC hasendorsed the concept and wouldlook forward to implementing aprofessional practice peer reviewprogram.Professional AffairsCoordinating CommitteeGordon Tomiuk, AACI, P. App,AIC President – ChairPeter Lawrek, AACI, P. App –Chair of Adjudicating CommitteeHal Love, AACI, P. App – Chair ofInsurance Advisory CommitteeDavid Gabruch, AACI, P. App –Chair of Investigating CommitteeCharles Abromaitis, AACI, P. App– Chair of Appeal CommitteeRay Bower, AACI, P. App – Chairof Standards CommitteeTo contact this committee email:professionalaffairs@aicanada.caC a n a d i a nAppraiserE CVolume 51 • book 4 • 2007 valuateura n a d i e n 31
Page 1: V o l u m e 5 1 , B o o k 4 , 2 0 0
Page 6 and 7: Mp r e s i d e n t ’ sessageColla
Page 8 and 9: essageMdu présidentLa collaboratio
Page 10 and 11: RC E OeportAIC Candidatesare the fu
Page 12 and 13: apportRd u c h e fde la directionLe
Page 14 and 15: Appraisal Institute of Canada2008 A
Page 16 and 17: I N S U R A N C E N E W S A N D V I
Page 18 and 19: The newAICMEMBER PROFILEB y C h r i
Page 20: MEMBER PROFILEtion by the first qua
Page 25 and 26: equirements, including demandingund
Page 27 and 28: California’s newAppraiser Influen
Page 29: It should be clear to the client wh
Page 33 and 34: Critical datesThe following dates a
Page 35 and 36: Do you feel that adding the PGCV to
Page 37 and 38: Advice to authorsFrom the Editorial
Page 39 and 40: “If you have plans regarding what
Page 41 and 42: Can appraisers adapt toclimate chan
Page 43 and 44: sustainability practices. The CRD H
Page 45 and 46: At this point, you may feel thecase

Book 4 - Appraisal Institute of Canada

Create successful ePaper yourself

Delete template?

Save as template?