Having performed valuations for more than a decade in the financial services industry, I recently made the decision to make things a little more official. I’m proud to share that I can now use the letters CVA behind my name.
The globally recognized CVA designation (Certified Valuation Analyst®), established and issued by the National Association of Certified Valuators and Analysts (NACVA; www.nacva.com), is the most widely recognized business valuation credential and the only business valuation credential accredited by the National Commission for Certifying Agencies® (NCCA), the accreditation body of the Institute for Credentialing Excellence™ (ICE; www.credentialingexcellence.org/ncca).
The CVA designation is an indication that recipients have met the rigorous standards of professionalism, expertise, objectivity, and integrity in the field of business valuation, financial consulting and litigation, and related consulting disciplines.
Credentialing involves a 40+ hour training course, a 5-hour/400 question proctored exam, and a peer-reviewed demonstration report (mine was over 200 pages and took about 100 hours to complete).
There are four basic purposes for valuing a business: tax, litigation, transactions, and regulatory. This designation allows me to perform accredited valuations, which are utilized for various reasons including: mergers and acquisitions, sales and divestitures, buy/sell agreements, shareholder transactions, ESOPs, expert testimony and litigation support, estate planning and taxation, purchase price allocations, bank loan applications, and marital dissolution.
Should the need arise for you to have an accredited valuation performed, including for SBA loan purposes, contact us to discuss how we can help.
About Carla: As the Vice President of Professional Services, Carla assists Truelytics' clients with their data input (considering their unique situations and circumstances), and the understanding and application of the output results. She also provides consulting services beyond the valuation including M&A, and succession and corporate planning. Carla serves as our subject matter expert, and you can regularly find her at industry events speaking on the topics and trends that impact and influence how to successfully run and grow a financial advisory practice.