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Reference: http://www.nacva.com/content.asp?contentid=145
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Preparation Guide for CVA Certification Exam
CVA: Tips to survive if you don't have time to read all the page
The curriculum to become a CVA covers the fundamentals, techniques and theory of business valuation; income and asset approaches for business valuation; Case analysis; and evaluation of special purposes. Persons with a CVA designation may work as mergers and acquisitions advisors, financial and investment analysts, financial agents or others in other roles. Activities may include providing advice and figures related to a company sold or merged, evaluate a company that is transmitted to family members, evaluate a company so that it can improve the search for credit or financing or determine a purchase price for them. looking to become partners in an existing company. CVAs can also provide possible exit strategies to business owners or partners, advice on the liquidation or merger of a company, advise on financial matters in case of dispute and indicate areas in which a company could potentially grow.
The curriculum to become a CVA covers the fundamentals, techniques and theory of business valuation; income and asset approaches for business valuation; Case analysis; and evaluation of special purposes.
Persons with a CVA designation may work as mergers and acquisitions consultants, financial and investment analysts, financial agents or others in other roles.
The task may include providing advice and figures on a company sold or merged, evaluating a company that is transmitted to family members, evaluating a company so that it can improve the search for credit or financing, or determine a purchase price for them. trying to become a partner of an existing company. CVAs can also provide possible exit strategies to business owners or partners, advise on the liquidation or spin-off of a business, advise on financial matters in the event of a dispute and indicate areas in which a business could potentially grow.
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| Section | Objectives |
|---|---|
| Valuation Reporting | - Documentation and support for valuation conclusions - Business valuation report writing |
| Professional Standards and Ethics | - NACVA professional standards compliance - Ethical valuation practices |
| Valuation Adjustments | - Discounts and premiums (DLOM, control premiums) - Normalization adjustments |
| Valuation Fundamentals | - Economic and industry analysis - Financial statement analysis - Time value of money and financial mathematics |
| Valuation Approaches and Methods | - Income approach (DCF, capitalization of earnings) - Market approach (guideline public company, precedent transactions) - Asset-based approach (adjusted net asset method) |
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