You are invited to participate in our monthly conference
calls!
These calls occur at 4pm ET on the last Wednesday of every month and are open to everyone, regardless of
membership status.
Please visit our discussion forum for more information.
Your participation is welcomed and encouraged! |
The American Society of Cost Segregation Professionals
(ASCSP) has been established as a non-profit corporation in response to the growing need for credentials, technical standards
and a Code of Ethics within the cost segregation industry. Membership will be open to all firms and individuals
that meet the standards currently under development by ASCSP. The Society is headquartered in Washington,
DC.
Given
the multitude of firms preparing cost segregation studies, there is an immediate need to set definitive standards with respect
to proposals, methodologies, educational requirements, continuing education, work paper file organization and report formats.
Also of equal importance is the business ethics and practices for cost segregation consultants. ASCSP recognizes the current
industry issues regarding the lack of standards for the methodology and preparation of detailed cost segregation studies as
well as absence of definitive educational/experience requirements.
ASCSP will establish, monitor and upgrade
(as needed) these standards for the industry through the implementation of its certification and training programs for member
firms and individuals. Additionally, ASCSP will openly solicit and accept input from the Internal Revenue
Service in order to establish the standards by which cost segregation reports will meet the “Principal Elements of a
Quality Cost Segregation Study and Report” as delineated in the Audit Techniques Guide for Cost Segregation Studies
promulgated by the Internal Revenue Service.
