USP-P MAPPI study plan

Map every KEPI article to its practical obligation in a valuation engagement, writing one sentence per article on what the valuer must do or must not do

Memorize the KEPI structure (ethical principles, competence, independence, confidentiality, fees, conflict of interest) and self-quiz until you can recite the principle list without notes

Define the valuation approaches (market, income, cost) and list the property types each approach suits, citing the relevant SPI standard number

Draft a personal ethics checklist you will apply to every case study answer in later weeks

Work through the SPI hierarchy: how SPI relates to KEPI, IVS, and the applicable regulatory orders, and state which document prevails in a conflict

Outline the SPI standards for property valuation (highest and best use, valuation date, inspection, report content) as a numbered checklist

Compare the SPI report requirements for a full valuation report versus a restricted-use report and list the mandatory sections of each

Write three short ethics scenarios (conflict of interest, contingent fee, pressure from a client) and resolve each by citing KEPI and SPI clauses

Build a decision tree for choosing the valuation approach for land, residential, commercial, industrial, and specialized property

Summarize the SPI treatment of business valuation and intangible assets, listing the inputs each method requires

Practice writing the scope of work, assumptions, and limiting conditions sections for two different assignments

Self-test on the SPI definitions (market value, investment value, liquidation value, going concern) until you can distinguish all four in one sentence each

Map each POJK/SEOJK valuation provision to the SPI standard it operationalizes and note where the regulation adds requirements beyond SPI

List the Bank Indonesia rules relevant to collateral valuation and the reporting duties they impose on appraisers

Extract the PMK provisions on valuation for state asset and tax purposes and compare them to the SPI framework

Create a one-page regulatory timeline showing which order superseded which, so you can cite the current rule by number

Drill the licensing and registration requirements for appraisers under the applicable POJK and professional body rules, including continuing education obligations

Summarize the sanctions and enforcement provisions for valuation breaches across the regulations you mapped in week 4

Write out the compliance checklist a KJPP must satisfy for a bank-collateral assignment, from engagement letter to report filing

Answer 30 regulation-focused practice questions and log every miss with the rule number you should have cited

Apply the income approach to a small commercial property: build a pro forma, derive a capitalization rate, and reconcile with a discounted cash flow

Apply the market approach to a residential property using at least four comparables and adjust for time, location, size, and condition

Apply the cost approach to a specialized property, calculating depreciation by both the age-life and breakdown methods

Draft the reconciliation section explaining why one approach received the most weight

Perform a business valuation of a small company using the income approach and one market-based method, then reconcile the two

Identify and quantify the discounts and premiums (lack of control, lack of marketability) that apply in the business case

Write a complete valuation report for one of your week-6 or week-7 cases, following every mandatory SPI report section

Have a peer or mentor review the report against the SPI checklist and log every gap

Take two full-length timed mock exams under exam conditions and score each by domain

Re-study only the two lowest-scoring domains, reworking every missed question to its underlying clause or formula

Recite the KEPI principles and the SPI report sections from memory in a single timed session

Build a one-page exam-day reference sheet of regulation numbers, formulas, and clause citations