The CVA accreditation
is a statement to the business, professional and legal community
that an individual has attained a level of knowledge in business
valuations that the National Association of Certified Valuation
Analysts (NACVA) considers exemplary and worthy of recognition
by awarding the designation of Certified Valuation Analyst (CVA).
To become certified by NACVA, the candidate is required to successfully
complete a rigorous training and testing process. A preemptive
requirement to becoming a CVA is that the applicant must be a Certified
Public Accountant (CPA) registered in his or her state. Implicit
in this requirement is that the CVA maintains at least 40 hours
of Continuing Professional Education (CPE) each year. NACVA also
requires that CVAs obtain at least 12 hours per year of CPE in
areas related to business valuation and/or litigation support.
The CVA is an elite accreditation for CPAs who, we believe, are
the most qualified professionals to provide business valuation
services. As a general rule, CPAs, through their extensive training,
combined with experience in tax, auditing, accounting for small
businesses, and financial analysis have the necessary background
for dealing with the complexities involved in providing business
valuation services. No other profession provides the breadth of
experience and development that the public accounting profession
produces, and thus, a CVA is, and should be, the preferred choice
for a business valuator.
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