Why Is A CVA a Valued Professional?
Rigorous Requirements for Certification
The National Association of Certified Valuation
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
Association requires training as a prerequisite to certification
to assure 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 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 the Association deems credible and worthy of
one of its certified members.
Compliance with Recertification
To further its service to the industry,
NACVA seeks assurances from its certified members 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, and sponsors, periodic recertification requirements,
which include:
- Participation in a Quality Enhancement program .
- Attendance at a course entitled "Current Update
in Valuations"
- Taking Continuing Professional Education (CPE) in business
valuation, litigation support, and areas related to these
disciplines.
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.
NACVA is currently the only business valuation
credentialing organization mandating certification compliance
beyond a periodic CPE requirement. This initiative was enacted
by NACVA's members to promote continuing personal development
and give added assurance to users of valuation services that
they are receiving the best services the industry has to offer. |
