Learn More About Valuation Accreditation
Credentials identify those valuation professionals who have the ability to provide sound and reliable business valuation services. The valuation experts at Vrakas are proud to hold designations from the American Institute of Certified Public Accountants and the National Association of Certified Valuators and Analysts.
Accredited in Business Valuations (ABV)
The ABV is the business valuation credential granted by the American Institute of Certified Public Accountants (AICPA). To be eligible to apply for the ABV credential, a candidate must:
- Be a member in good standing of the AICPA
- Hold a valid and unrevoked CPA certificate or license issued by a legally constituted state authority
- Pass a comprehensive Business Valuation Examination
- Provide evidence of six business valuation engagements or 150 hours that demonstrate substantial experience and competence
- Provide evidence of 75 hours of continuing professional education related to the business valuation body of knowledge
The ABV designation certifies that you are working with an accredited valuation professional—a CPA who brings added value to a valuation engagement. As a CPA/ABV, we combine a sophisticated understanding of accounting, taxation, financial statement analysis and business operations in many different industries with proven competence in valuation. Building on our core competencies, the ABV gives us an advantage in meeting your valuation needs.
Certified Valuation Analyst (CVA)
The National Association of Certified Valuators and Analysts (NACVA) certifies practitioners to perform business valuations as a service to both the practitioner community and the users of their services. Through training and rigorous testing, practitioners demonstrate they are qualified to provide capable and professionally executed valuation services. The NACVA requires training as a prerequisite to certification to ensure practitioners have the knowledge and understanding necessary to perform competent services, and to ensure a level of consistency and continuity in their work product. Users of valuation services benefit by having greater confidence that the service they receive is professional in quality, adheres to industry standards of practice, and meets a level of expertise that the NACVA deems credible and worthy of its certified members.
To expand its service to the industry, the NACVA seeks assurances from its certified members that they are staying current on matters and issues that lead to, and promote, quality in their work. To affect these assurances, the NACVA has periodic recertification options in place, which include:
- Participation in a Quality Enhancement program
- Attendance at the “Current Update in Valuations” course
- Taking Continuing Professional Education in business valuation, litigation support and areas related to these disciplines
- Authorship, course development and instructing
- Level of experience
Through compliance with recertification, certified members demonstrate their commitment to the business valuation discipline and keep themselves current on changes in the industry which might impact how they perform their services.