Recertification

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines. NACVA training includes Continuing Professional Education (CPE) credit and is available to both members and non-members.

 

Recertification assures that designees continue to enhance their knowledge and maintain a level of competence current with the progress of the industry.

NACVA’s recertification program follows a 60-point/60 CPE-hour system, whereby credentialed members must obtain 60 points to comply with recertification. One hour of Continuing Professional Education (CPE) equals one point. The point system allows for additional (Bonus) points for attendance to training (recommended programs) that NACVA considers especially helpful for practitioners to stay well-rounded in the performance of their services, increase their awareness of recent industry developments, and be alert to issues that lead to, or contribute to, the quality of one’s work product. It also awards points for contributions to industry knowledge upon meeting certain criteria. By obtaining additional points, one can reduce the 60 hour CPE requirement to as low as 36 hours in a three-year cycle.

Based on the frequency of changes and developments in the industry, the VCB determined that recertification requirements must be completed every three years. This period starts with the first full calendar year after receiving the designation and in three-year cycles thereafter. The reporting date for recertification is December 31 of the year the compliance is due. For example, if the designee certified in July 2011, the recertification requirements must be completed by December 31, 2014, the compliance due date. Using the example above, the next compliance due date would be December 31, 2017. Fees will periodically be assessed to designees in order to cover HQ costs for administering and processing the recertification program.

Must qualify for CVA designation before 3 year recertification completion
Must qualify for MAFF designation before 3 year recertification completion
Certified Valuation Analyst

Accredited in Business Appraisal Review

Master Analyst in Financial Forensics

 

CVA/ABAR/MAFF Recertification and Reporting Requirements

Recertification assures that designees continue to enhance their knowledge and maintain a level of competence current with the progress of the industry.

NACVA’s recertification program follows a 60-point/60 CPE-hour system, whereby credentialed members must obtain 60 points to comply with recertification. One hour of Continuing Professional Education (CPE) equals one point. The point system allows for additional (Bonus) points for attendance to training (Recommended programs) that NACVA considers especially helpful for practitioners to stay well-rounded in the performance of their services, increase their awareness of recent industry developments, and be alert to issues that lead to, or contribute to, the quality of one’s work product. It also awards points for contributions to industry knowledge, and for significant experience, upon meeting certain criteria. By obtaining additional points, one can reduce the 60 hours CPE requirement to as low as 36 hours in a three-year cycle (see below).

Based on the frequency of changes and developments in the industry, the Valuation Credentialing Board (VCB) determined that recertification requirements must be completed every three years. This period starts with the first full calendar year after receiving the designation and in three-year cycles thereafter. The Reporting Date for recertification is December 31 of the year the compliance is due. For example, if the designee certified in July 2011, the recertification requirements must be completed by December 31, 2014, the compliance due date. Reporting form submissions to NACVA Headquarters (HQ) are also required by December 31, 2014. Using the example above, the next Compliance Due Date would be December 31, 2017. Fees will periodically be assessed to designees to cover HQ costs to administer and process the recertification program. For more details, refer to NACVA’s Recertification brochure.

Rebecca Davies - Video
Rebecca Davies, Recertification Manager, discusses the process of NACVA Recertification.

CVA, ABAR, and MAFF Recertification Reporting Form

CVA, ABAR, and MAFF Supplement to Recertification Reporting Form

CVA CandidatesCVA Designation Application (PDF)
Must qualify for CVA designation before 3 year recertification completion

MAFF CandidatesMAFF Designation Application (PDF)
Must qualify for MAFF designation before 3 year recertification completion

NACVA Recertification Frequently Asked Questions (FAQs)

Recertification Requirements
FAQs – Recertification Frequently Asked Questions
Inactive Status
Retired Status
Candidate Status
MAFF Candidate Sta