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 the business, professional and legal communities. Through training and rigorous testing, CVAs demonstrate they are qualified to provide capable and professionally executed valuation services. NACVA recommends specific training as a prerequisite to certification to assure that credentialed practitioners have the knowledge and understanding necessary to perform competent services, and to assure a level of consistency and continuity in their work product. Users of a credentialed practitioner’s 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 NACVA deems credible and worthy of its certified members.
To further its service to the business valuation industry, 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 effect these assurances, NACVA has in place periodic recertification options, 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 to keeping themselves current on the changing dynamics in the industry, which impacts the performance and quality of their services.