A Certified Valuation Analyst (CVA) Designation
The demand for business valuations and valuation analysis has resulted in a designation called a Certified Valuation Analyst (CVA). If you find business valuation fascinating and want to pursue it as a career, you may want to consider getting your CVA designation.
Visiting the NACVA website
The CVA designation is offered through the National Association of Certified Valuators and Analysts (NACVA). NACVA trains and certifies Certified Valuators and Analysts. The website explains that a primary requirement to become a CVA is to hold a valid license as a Certified Public Accountant.
Other professionals and valuations
Many other professionals perform work that may be classified a business valuation, even though the work they produce isn’t considered a certified valuation. When a business is subject to litigation, an attorney may perform some analysis on a firm’s balance sheet and income statement.
If the owners of a firm are in a legal dispute about the value of each owner’s share of the business, for example, an attorney may perform an analysis. Appraisers perform value analysis of commercial property to estimate its current worth.
Although other professionals may perform similar analysis, a CVA may be brought in to perform a certified valuation. Your accounting skills along with CVA training and designation ensure that you’re up to the task.